The big picture:
The organization called the deal the “anti-merger merger” that would provide better working conditions and stronger protections for its membership.: The AFA-CWA represents 50,000 flight attendants at 19 different air carriers, including nearly 6,000 at Spirit. It’s unusual to see a large organized labor group give its full-throated backing to a big merger, especially one opposed by regulators on the grounds that it is anti-competitive and bad for consumers., AFA president Sara Nelson called the proposed merger “the opposite of all the ‘host of horribles’” sustained by the industry after decades of consolidation, and represents an attempt to “correct past antitrust failures.
“Our union does not offer our support lightly. We have experience with eight mergers in the past decade and this is the first merger that we enthusiastically support” for a host of reasons, Nelson added.
garyleff
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »
Source: dcexaminer - 🏆 6. / 94 Read more »