JetBlue raises flight attendant pay, union agrees to support merger with Spirit

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

JetBlue is raising flight attendant pay by 5% while union agreed to support the airline's acquisition of budget carrier Spirit.

JetBlue agreed not to furlough or displace any flight attendants or close any associated bases for seven years after a potential acquisition of Spirit goes through, the memo said.

"With this agreement made by your TWU Local 579 Executive Board and JetBlue, we support the JetBlue and Spirit transaction and will not hold an additional informational picket or speak publicly against the acquisition," the union said in a note to members. JetBlue didn't immediately comment. JetBlue also agreed to additional pay for staff that fly the carrier's trans-Atlantic routes and in its Mint business-class cabin, as well as other incentives, according to a letter of agreement with the Transport Workers Union, which represents JetBlue's 7,000 flight attendants.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Why JetBlue Stock Is Jumping After the Company’s Revenue WarningIt was only a matter of time before JetBlue Airways issued updated third-quarter guidance. It was never going to be higher.
Source: MarketWatch - 🏆 3. / 97 Read more »