NEWS & MEDIA
|All News Releases >||General News >|
Jul 16, 2002
Frontier Airlines and Teamsters Announce Tentative Agreement
DENVER (July 16, 2002) - Frontier Airlines (Nasdaq: FRNT) today announced it has reached a tentative agreement with the International Brotherhood of Teamsters (IBT), Local Chapters 961, 986 and 19, representing the carriers maintenance employees in Denver, CO; Phoenix, AZ; and El Paso, TX, respectively. The tentative three-year agreement was reached after less than one year of negotiations, and is subject to membership ratification by the airlines 312 aircraft maintenance technicians, tool room attendants and ground service equipment technicians. No details of the agreement were announced, pending communication with the unions membership. Both the IBT and the Locals negotiating committee endorse the tenative agreement.
Using the cooperative techniques associated with interest based bargaining, both Frontier and its maintenance employees were able to reach a fair contract that supports both Frontiers goals and the interests of our maintenance employees, said Frontier President and CEO Jeff Potter. Frontiers leadership team will continue to work with all employees to ensure the long-term success of Frontier, which will ultimately provide long-term career opportunities for both current and future Frontier employees.
Currently in its ninth year of operations, Denver-based Frontier Airlines is the second largest jet service carrier at Denver International Airport with a fleet of 33 aircraft and employing approximately 3,000 aviation professionals. Frontier and its affiliate Frontier JetExpress currently serve 34 U.S. cities with 170 daily flights. In 1999, 2000 and 2001, Frontier's maintenance and engineering department received the Federal Aviation Administration's highest award, the Diamond Certificate of Excellence, in recognition of 100 percent of its maintenance and engineering employees completing advanced aircraft maintenance training programs. In April 2002, Entrepreneur ranked Frontier one of two "Best Low-Fare Airlines," and in September 2001, Fortune ranked Frontier 41st on its 100 Fastest Growing Companies list. Frontier provides capacity information and other operating statistics on its Web site, which may be viewed at www.frontierairlines.com.