weasel_lips
Well-known member
- Joined
- Jan 21, 2006
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http://www.cnbc.com/id/41622666
WASHINGTON, Feb 16 (Reuters) - More mergers of U.S airlines are inevitable and essential for domestic carriers to compete globally, the new president of the largest pilots union said on Wednesday. Lee Moak of the Air Line Pilots Association told reporters that passenger airlines are still too vulnerable to fuel price spikes and other business conditions that threaten industry profitability. "I believe we need to be there sooner rather than later because we need to compete globally," he said. "How it will shake out remains to be seen." Moak also said that carriers must demonstrate sustained profitability for pilots to achieve gains at the bargaining table, signaling the union will be patient as it moves forward in contract talks at several carriers. However, Moak said it would be a mistake for airline management to misinterpret the labor group's position on what he called constructive engagement. "We know there is a time and place for confrontation," Moak said.
WASHINGTON, Feb 16 (Reuters) - More mergers of U.S airlines are inevitable and essential for domestic carriers to compete globally, the new president of the largest pilots union said on Wednesday. Lee Moak of the Air Line Pilots Association told reporters that passenger airlines are still too vulnerable to fuel price spikes and other business conditions that threaten industry profitability. "I believe we need to be there sooner rather than later because we need to compete globally," he said. "How it will shake out remains to be seen." Moak also said that carriers must demonstrate sustained profitability for pilots to achieve gains at the bargaining table, signaling the union will be patient as it moves forward in contract talks at several carriers. However, Moak said it would be a mistake for airline management to misinterpret the labor group's position on what he called constructive engagement. "We know there is a time and place for confrontation," Moak said.