Mesaba workers vote no confidence in company executives

[Mel Sharples]

Associated Press
Last update: February 07, 2006 – 5:27 PM

Pilots, flight attendants and mechanics at Mesaba Airlines have approved a no-confidence vote against company executives, calling for their removal and claiming they haven't acted in the best interest of employees.

The worker groups say the regional carrier and its parent company, MAIR Holdings, is trying to use the bankruptcy process to achieve wage and benefit cuts for its workers. Mesaba has "put the employees' careers, livelihoods and futures at risk," according to a news release from the Air Line Pilots Association.

 

[Draginass]

What a revelation. I thought company officers fidicary duty was to the stockholders.

 

[CptMurf]

What a revelation. I thought company officers fidicary duty was to the stockholders.

Your right, and the stock has dropped by over $6.00 per share during this whole BK sham. There doing a GREAT job huh?

Not to mention that if they are willing to do this to the majority of their employees, the ones that make their money for them, then they are DEFINATELY willing to (and most likely are) screwing over the shareholders.

 

[Rez O. Lewshun]

What a revelation. I thought company officers fidicary duty was to the stockholders.

It is bigger than that... to get financing, Wall Street support and positive stock trend, labor problems need not be...

The last thing the MAIR Corprate Officers want is a poor stock rating due to labor issues...

I don't get it... the Mesaba employee's stick it to management, properly and you guys are apathetic....


Way to go Mesaba Employees....!!!

 

[NuGuy]

What a revelation. I thought company officers fidicary duty was to the stockholders.

That didn't seem to be the case with UALs stockholders AKA the employees.

Nu