If your ALPA group has an independent support line, please contact that number directly. Should be produced by ALPA National, not from any individual group.. and disseminated to the masses. Photo: Delta Air Lines. The airline has also expanded its footprint to include London, England, with plans to fly to Paris, France, this year. Adjusted debt to capitalization ratio is a non-GAAP financial metric which we believe is helpful to investors in assessing the company's overall debt profile. We provide news, data, analytics and advisory services to connect the aviation community globally and help organisations shape their business strategies, identify new opportunities and make better decisions faster. Hartmann. Airline mergers may take even longer, commented Capt. JetBlue said Tuesday it is committed to pay raises for pilots. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. "We have every expectation that we can come to a mutually beneficial agreement with the Company at these next negotiating sessions," continued Kenney. It becomes amendable on December 31, 2026. We exclude aircraft fuel and related taxes, operating expenses related to other non-airline businesses, such as JetBlue Technology Ventures and JetBlue Travel Products, and special items from operating expenses to determine CASM ex-fuel, which is a non-GAAP financial measure. Two groups of students were arguing Wednesday outside art class at Montgomery High School in Santa Rosa, and once inside, a 16-year-old junior from one of the groups confronted a 15-year-old freshman in the other group, Santa Rosa police said in a statement. For the full year, revenue and adjusted profits both grew 18% to $2 billion and $641 million, respectively. Read more about the contract, here. Agreement is valued at $675 million, ALPA says; One-time payments set at $17,000 for captains, $11,000 for first officers to be paid within 30 days of contract signing Delivered an excellent operation in the fourth quarter, including an industry-leading completion factor of 98.2% in December. All rights reserved. By continuing to browse this site you are agreeing to our use of these cookies. Delta has about 15,000 pilots. The pilots also voted in favor of a Letter of Agreement by 90 percent that provides job protections for Delta pilot jobs against international flying by Deltas partners. If you owe the IRS money and are filing your tax return on April 18, then yes, you should pay your tax bill that same day. The Air Line Pilots Association (ALPA), which represents more than 4,600 pilots at JetBlue, said 75% of the pilots voted in favor of ratifying the agreement, which provides for a compensation. JetBlue Airways pilots approved on 30 January a two-year contract extension that includes a 21.5% pay increase over 18 months. The deal, effective Feb. 1, is further evidence of the bargaining power pilots are enjoying as carriers staff up to meet booming travel demand. As there is no cookie-cutter approach to collective bargaining, the Air Line Pilots Association (ALPA) is working to strengthen collaboration among ALPA and non-ALPA pilot groups and develop favorable bargaining patterns across pilot group lines. Delta Air Lines pilots, via their union, the Air Line Pilots Association (ALPA), voted to approve a new contract on Wednesday with 34% in raises through 2026. Catch-up on the latest press releases and news articles from JetBlue ALPA or ALPA National directly from this page. News Room > Scientists, lawmakers and the media have spent three years fighting over what may ultimately prove to be an unsolvable mystery. We believe were well positioned to further build on that success in 2023, with a disciplined plan to continue strengthening our foundations both operationally and financially, said Robin Hayes, JetBlues Chief Executive Officer. These statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Special items for 2019 include costs related to our Embraer E190 fleet transition and the implementation of our ALPA collective bargaining agreement. Weve earned these contractual improvements as our previous contract was ratified in 2018.. The pilots are driving for negotiations to conclude before the end of 2022, with the last negotiating session scheduled for December 1314. The air logistics specialist on Thursday reported earnings showing 11% growth in revenue to $530 million and adjusted earnings before accounting measures of $163 million, up 5% year over year. document.write(new Date().getFullYear()) Air Line Pilots Association, International. WASHINGTON, February 01, 2022 -- ( BUSINESS WIRE )--Today, the JetBlue Master Executive Council (MEC) of the Air Line Pilots Association, Int'l (ALPA) announced to JetBlue Airways management. 06-20-2011 11:00 PM. Opinions expressed by Forbes Contributors are their own. Visit ALPA.org or follow us on Twitter Tel: +1 718 709 3089 Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Chris Kenney, chair of the JetBlue unit of ALPA. ALPA represents more than 67,000 pilots that work for 40 airlines in Canada and the USA. "There should be no delay for a contract now.". Love at first sight was the stuff of fairy tales, once upon a time, but perhaps no longer. Hawaiian pilots have been operating under our current Pilots' Working Agreement since 2017. No Delay. A preliminary agreement on the same had been reached in December between Delta and the pilots' union. Paid approximately $114 million in debt and finance lease obligations during the fourth quarter of 2022. This grant creates a war chest that can be used for events, informational picketing, advertising, and other prominent media activities to highlight the need for a new pilot contract. You should understand that many important factors, in addition to those discussed in this Earnings Release, could cause our results to differ materially from those expressed in the forward-looking statements. @ALPAPilots. Known internationally as US-ALPA, it is a member of the International Federation of Air Line Pilot Associations. In a midnight session on December 15, the JetBlue Master Executive Council (MEC) Negotiating Committee reached a tentative agreement with the company for a two-year contract extension that would provide economic improvements aligned with a rapidly rising market. NEW YORK--(BUSINESS WIRE)-- The Australian Competition and Consumer Commission (ACCC) has granted interim approval to Qantas and Jetstar for their continued co-operation with Jetstar units in Singapore and Japan. IT Services and IT Consulting and Telecommunications. The 70-year-old is the first notable Democratic candidate to formally enter the race. ALPA said that 78% of Delta pilots voted in favor of the contract. Facebook Hundreds of Great Singles on YourTravelMates.com Official Site. Air Line Pilots Association, International JETBLUE PILOT CONTRACT COMPARISON JETBLUE PILOT CONTRACT COMPARISON Synopsis of Pay Rates, Work Rules, and Benefits for: Alaska The NEA, a marketing alliance and enhanced code-share agreement between American Airlines and JetBlue, is designed to increase competition against the other major players in the New York and Boston markets. CONTACT: ALPA Media, 703-481-4440 or Media@alpa.org, Air Line Pilots Association, International, 7950 Jones Branch Drive, Suite 400S, McLean, VA 22102 | (703) 689-2270, Contact Us|ALPA Gear| Privacy/Terms| Login Help. JetBlue Airways posted a $24 million profit in the final quarter of the year as end-of-year travel spending rose to compensate for higher costs, especially for jet fuel. Letter of Agreement 17 not only gives the pilot group a voice in this alliance and its continuation, but also provides improvement to our current pay scale and sick-leave policies.. A JetBlue Embraer 190 and Airbus A320 at New York JFK in February 2020, This contract extension provides unprecedented pay increases for JetBlue pilots across the board and recognises the contributions of JetBlue pilots to the success of this airline, including the planned merger with Spirit Airlines, says Chris Kenney, chair of JetBlues ALPA unit. On November 2, the Negotiating Committee presented a proposal to the company focused on compensation and agreed to an aggressive negotiating schedule with multiple bargaining sessions in November and December. In an effort to reach an agreement before the end of 2022, the pilots attempted to ease the negotiating process by setting aside difficult work-rule and other contract issues, instead focusing only on economic items. As the carrier enters what promises to be a multi-year merger process, it just wants higher pay. Pilots at JetBlue have approved a two-year contract extension that will trigger some cost inflation for the airline in 2023. You may opt-out by. On Friday, both JetBlue and ALPA confirmed that the two sides had reached an agreement in principle. ADVANCING AVIATION SAFETY AND SECURITY SINCE 1931, Laser Illumination Reporting & Mitigation. It is routine for our internal projections and expectations to change as the year or each quarter in the year progresses, and therefore it should be clearly understood that the internal projections, beliefs, and assumptions upon which we base our expectations may change prior to the end of each quarter or year. In July, JetBlue agreed to buy Spirit Airlines (SAVE.N) in a $3.8 billion deal, which is expected to close no later than the first half of 2024. The company my try to control us when we are on duty, or in uniform.. but when meeting regional pilots, don't forget to mention how we are viewed by our senior management. United Pilots Are Not Close On Contract, But Talks Will Ramp Up. Chris Kenney, chair of the JetBlue unit of ALPA. Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance on these statements. As the efforts of the Negotiating Committee ramped up, the MEC also reactivated the Strategic Preparedness and Strike Committee to support this work. Some airline executives are concerned . Visit ALPA.org or follow us on Twitter @ALPAPilots. JetBlue ALPA leaders met Wednesday at the New York Marriott Downtown. NEW YORK, December 02, 2022--(BUSINESS WIRE)--Today, JetBlue Airways pilots, represented by the Air Line Pilots Association, Intl (ALPA), were approved for a $5 million grant from ALPAs Major Contingency Fund after this weeks round of contract negotiations with management resulted in insufficient progress to yield an agreement acceptable to the pilot group. Discover something new every day from News, Sports, Finance, Entertainment and more! JetBlue Airways Corp. pilots have been approved for a $5 million grant from the Air Line Pilots Association (ALPA), the union representing them in contact negations with the New York-based airline. JetBlue will conduct a conference call to discuss its quarterly earnings today, January 26, 2023 at 10:00 a.m. Eastern Time. See here for a complete list of exchanges and delays. JetBlue pilots shouldnt be in a holding pattern as the merger goes through regulatory scrutiny. Became the anchor tenant at Orlando International Airports new Terminal C, moved operations at LaGuardia Airport into the new, world-class Terminal B, and signed an agreement to become a minority investor in John F. Kennedy International Airport's Terminal 6. Operating expense per available seat mile, excluding fuel and related taxes, other non-airline operating expenses, and special items (CASM Ex-Fuel). In light of these risks and uncertainties, the forward-looking events discussed in this Earnings Release might not occur. We decided it would be better to negotiate compensation.. Article content. The agreement ratified today puts JetBlue pilots in a strong position for future negotiations for either a joint collective bargaining agreement with the pilots at Spirit Airlines or, should the merger fail to conclude, a comprehensive standalone collective bargaining agreement, the union adds. The effective date and Date of Signing will be August 1, 2018. LufthansaGroup chief executive Carsten Spohr sees the Rome Fiumicino hub of acquisition target ITA Airways as better positioning it to serve southern hemisphere markets as talks on a deal continue. However, with open and accurate information, this pilot group will continue to succeed., Air Line Pilots Association, International, 7950 Jones Branch Drive, Suite 400S, McLean, VA 22102 | (703) 689-2270, Contact Us|ALPA Gear| Privacy/Terms| Login Help. The information below provides an explanation of each non-GAAP financial measure and shows a reconciliation of non-GAAP financial measures used in this press release to the most directly comparable GAAP financial measures. Also announced a new agreement with Fidelis New Energy to supply 92 million gallons of sustainable aviation fuel (SAF) over a five-year term with a target start date of 2025, bringing meaningful progress toward our goal to convert 10% of our jet fuel to SAF by 2030. We narrowed this down by setting aside work rule and scheduling issues that affect pilot quality of life, in order to expedite this process and secure an agreement as quickly as possible, said Scales, a Boston-based A320 captain. Lufthansa Group continues to be wary of growth constraints from wider supply chain challenges this year as it expects capacity to climb to between 85-90% of pre-pandemic levels. The committee held numerous pilot unity building (PUB) events after Local Executive Council (LEC) and MEC meetings and after bargaining sessions so that pilots could ask questions directly to the MEC and the Negotiating Committee. superduck. Said Scales, We intend to use that at strategically appropriate times to execute traditional union tactics billboard, digital advertising, informational picketing to create pressure on management to deliver the contract the pilots have earned., This is a BETA experience. "As JetBlue pursues this merger, this agreement protects the career expectations of JetBlue pilots while the market for pilots rises," said Chris Kenney, chair of ALPA's JetBlue unit. "JetBlue pilots have earned these improvementsand its time that the Company delivers. In January, the carrier signed a pilot contract, valued at $145 million, that provides for a 20% increase in base rate pay by 2017. Founded in 1931, ALPA is the largest airline pilot union in the world and represents more than 66,000 pilots at 40 U.S. and Canadian airlines. Kenney. All quotes delayed a minimum of 15 minutes. Asked if the Delta deal influences JetBlue talks, Kenney responded, The Delta agreement in principle does support us in a way that shows where the industry is going for compensation these days. Join for Free Today! Check out a live stream of the UFC 285 post-fight press conference in Las Vegas, beginning immediately after the event. Contract talks began in April 2019. The Air Line Pilots Association (ALPA), which represents the more than 15,000 pilots at Atlanta-based Delta, said 78 percent of cockpit crew members that voted were in favor of the four-year . Chris Kenney is front row [+] center. "JetBlue and ALPA worked together on this tentative agreement to achieve much-needed cost savings during this unprecedented time," JetBlue said. In order to avoid possible labor strife, management must come to the bargaining table with proposals that appropriately value its pilots with contractual compensation improvements. We believe this non-GAAP measure is more indicative of our ability to manage airline costs and is more comparable to measures reported by other major airlines. 03 . Thanks to the outstanding efforts of JetBlues crewmembers, we closed the year with strong fourth quarter performance, driving the highest full-year revenue result in our history, and solid cost execution as we hit our full-year cost target. Further, our non-GAAP information may be different from the non-GAAP information provided by other companies. The TA has been ratified. He's from Broward County, but he also likes the talent. This would allow the pilots to advance their careers in an industry with a rising market for pilots, while also affording JetBlue management the opportunity to devote their resources to running a quality operation and pursuing a merger with another airline, rather than the distraction of a protracted negotiation. 90 Discovery Irvine, CA 92618. lending@stratus.finance (855) 301-3335. In all, the agreement is estimated to result in a gain of $675 million over two years for JetBlue pilots. Fellow JetBlue ALPA pilots, At 10:00 a.m. this morning, voting closed on the ratification of the Tentative Agreement (TA). Referrals increase your chances of interviewing at Nokia by 2x. The Air Line Pilots Association (ALPA), which represents Delta's pilots, said on Wednesday that 78% of the carrier's pilots voted in favor of the contract. Certain gains and losses on our equity investments were also excluded from our 2022 and 2019 GAAP results. The new 747-8 jumbo jet: Up close and inside. New YorkToday, JetBlue Airways pilots, represented by the Air Line Pilots Association, Int'l (ALPA), were approved for a $5 million grant from ALPA's Major Contingency Fund after this week's round of contract negotiations with management resulted in insufficient progress to yield an agreement acceptable to the pilot group. That compares to about $330 at Delta, $310 at United, $278 at American and $306 under the Alaska contract. For further details, see the Fourth Quarter 2022 Earnings Presentation available via the internet at http://investor.jetblue.com. The last Delta pilots contract was agreed upon in 2016, stamping a term that ran through 2019. The Air Line Pilots Association (ALPA), which represents . 6. ALPA is the largest airline pilot union in the world and represents more than 66,000 pilots at 40 U.S. and Canadian . Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 100-250VBSEN. The pilots have been negotiating for short-term extension that is narrowly focused on a few economic improvements to bring their contract in line with the rising market for pilots at other airlinesbefore JetBlue engages in potentially lengthy merger discussions. JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the fourth quarter of 2022. Contract Now.". News Room. "There should be no delay for a contract now." Founded in 1931, ALPA is the largest airline pilot union in the world and represents more than 66,000 pilots at 40 U.S. and Canadian airlines,. That is too late and too long for JetBlue pilots to wait for the career advancement theyve earned, said Wayne Scales, a Boston-based A320 captain and chairman of the strategic preparedness strike committee. News Room. We have a long road ahead of us with a variety of potential stumbling blocks. News & Events > The MEC responded by seizing the opportunity presented by the merger to achieve immediate gains for the pilots through a short-term contract extension. The pilots of the airline approved a fresh two-year contract that their union estimated to be valued around $463 million FP Trending January 31, 2023 13:13:24 IST JetBlue. Alabama's stat leaders from its disappointing road loss to Texas A&M to close out the regular season. After facing one of the most turbulent chapters in aviation history, JetBlue Airways returned to profitability in the third quarter of 2022, posting its highest revenue ever. Fuel price in the fourth quarter of 2022 of $3.70 per gallon, including hedges. This industry-leading contract is the direct result of the Delta pilots unity and resolve, said MEC chair Capt. Both airlines retain full control of all aspects of their respective business, including pricing, routing, and capacity. Welcome to flightglobal.com. While management pursued an acquisition and merger with Spirit Airlines, the pilots pressed for a contract extension to bring them in line with their peers rather than wait for joint collective bargaining agreement negotiations after the acquisition. ALPA said that 78% of Delta pilots voted in favor of the contract. We believe we should have had an agreement last week,: he said. Pilots at Delta Air Lines have ratified a new contract that includes over $7 billion in cumulative increases in pay and benefits over four years and is widely expected to be a benchmark . The Air Line Pilots Association, International (ALPA) is the largest airline pilot union in the world and represents U.S. and Canadian airlines, including Hawaiian. VIEW NOW Safety View your Safety Committee and its related documents and info. The new agreement includes a 34 percent increase in pay raises over the life of the contract, as well as improvements to quality of life, vacations, and benefits for Deltas 15,000 pilots. It specifically covers Logan, JFK, LaGuardia, and Newark airports. MCLEAN, VAToday, JetBlue pilots, represented by the Air Line Pilots Association, Intl (ALPA), have approved an agreement (Letter of Agreement 17) that ends a more than yearlong dispute with the Company stemming from its unilateral implementation of parts of the Northeast Alliance (NEA) with American Airlines that violated the pilots collective bargaining agreement with JetBlue. Also announced a new agreement with Fidelis New Energy to supply 92 million gallons of sustainable aviation fuel (SAF) over a five-year term with a target start date of 2025, bringing meaningful progress toward our goal to convert 10% of our jet fuel to SAF by 2030. At that point, The MEC turned to more focused negotiations on compensation, said Chris Kenney, chairman of the master executive council of the 4,700 member JetBlue ALPA chapter. In order to avoid possible labor strife, management must [] Further information concerning these and other factors is contained in JetBlues filings with the Securities and Exchange Commission, or SEC, including but not limited to, JetBlues 2021 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. There were also 12 meet records set and broken on the girls side, while six records went down in the boys Mar. In 2022, special items include costs related to the following: Embraer E190 fleet transition, our acquisition of Spirit Airlines, the ALPA ratification bonus, and the implementation of our TWU contract.