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Jun 5, 2008|
Frontier Airlines and Teamsters Union Reach Final Agreement on Wage Concessions
DENVER, June 5 /PRNewswire/ -- Frontier Airlines today announced that the International Brotherhood of Teamsters Union overwhelmingly voted in support of temporary wage and benefit concessions requested by the Company. The Teamsters represent about 430 people at Frontier including mechanics and related workers, tool room employees, aircraft appearance agents and material specialists.
"This outcome clearly represents the incredible support and confidence level that our employees have in Frontier," said Frontier Chief Operating Officer, Chris Collins. "These employees are the individuals who ensure that we are operating a safe and reliable airline everyday. I not only want to thank them but I would also like to thank the Teamsters for their support throughout this process."
"We are pleased that our members have supported the short term concessions to contribute to the long term success of Frontier," said Matthew Fazakas, President and Principal Office of Teamsters Local 961. "We believe that their support is another indication of the positive relationship that we have built with Frontier."
Frontier asked all of its employees, both represented and non-represented, to take temporary wage and benefit concessions to help the airline as it attempts to, among other things, secure debtor in possession financing. Frontier's other two unions: the Frontier Airlines Pilots Association (FAPA) and the Transportation Workers Union (TWU), ratified agreements for those concessions two weeks ago. At the beginning of May, Menke and other members of the executive management team also agreed to up to 20% in wage and benefits concessions. Frontier plans to reexamine all the employee concessions in September based on the developing financial condition of the company and current economic conditions.
About Frontier Airlines Holdings, Inc.
Frontier Airlines Holdings, Inc. is the parent company of Denver-based Frontier Airlines. Currently in its 14th year of operations, Frontier Airlines is the second-largest jet service carrier at Denver International Airport, employing approximately 6,000 aviation professionals. Frontier Airlines' mainline operation has 62 aircraft with one of the youngest Airbus fleets in North America. Frontier Airlines' mainline operations offer 24 channels of DIRECTV® service in every seatback along with a comfortable all-coach configuration. In conjunction with a fleet of ten Bombardier Q400 aircraft operated by Lynx Aviation (a subsidiary of Frontier Airlines Holdings, Inc.), Frontier offers routes to more than 60 destinations in the U.S., Mexico, Canada and Costa Rica. In November 2006, Frontier and AirTran announced a first-of-its-kind integrated marketing partnership that offers travelers the ability to reach more than 80 destinations across four countries with low fares, aboard two of the youngest fleets in the industry. For more in-depth information on Frontier Airlines, please visit its Web site at FrontierAirlines.com.
SOURCE: Frontier Airlines Holdings, Inc.
CONTACT: Corporate Communications of Frontier Airlines Holdings, Inc.,
Web site: http://www.frontierairlines.com/