Frontier pilots agree to extend pay cuts
Lisa Treon
10/14/2008
Frontier Airlines pilots—represented by the Frontier Airline Pilots Association (FAPA)—have ratified an agreement to extend wage-concession agreements, according to bankruptcy court documents.
The agreement, which originally expired Sept. 30, will remain in effect through Dec. 1. The new agreement is expected to save Frontier roughly $7.1 million from the beginning of the initial concession, which pilots signed in May, through the end of the agreement. The pact included temporary wage reductions and the temporary suspension of the company’s contribution to their 401(k) plans.
Frontier and FAPA continue to negotiate changes to the collective bargaining agreement, though they haven’t yet reached final agreement, the company said in court papers. The bankruptcy court must still approve the agreement; a hearing on the motion is scheduled for Oct. 30.
Lisa Treon
10/14/2008
Frontier Airlines pilots—represented by the Frontier Airline Pilots Association (FAPA)—have ratified an agreement to extend wage-concession agreements, according to bankruptcy court documents.
The agreement, which originally expired Sept. 30, will remain in effect through Dec. 1. The new agreement is expected to save Frontier roughly $7.1 million from the beginning of the initial concession, which pilots signed in May, through the end of the agreement. The pact included temporary wage reductions and the temporary suspension of the company’s contribution to their 401(k) plans.
Frontier and FAPA continue to negotiate changes to the collective bargaining agreement, though they haven’t yet reached final agreement, the company said in court papers. The bankruptcy court must still approve the agreement; a hearing on the motion is scheduled for Oct. 30.