The final
push for Continental Airlines Flight Attendants to mail
their ballots has begun. If you have not already
mailed your pension ballot you must do so immediately to
ensure that it will reach the post office
box in Kansas City by Tuesday, February 13th,
2007. All ballots received by the end of business Tuesday
will be counted and a simple majority will determine the
outcome of the future of your pension benefit. Be active,
participate and vote…it’s YOUR chance to “Secure
Your Future”. Vote YES to
transition to the IAM National Pension Plan.
Continental
Flight Attendants Speak Out On Pension – With their
retirement security at stake, Continental Airlines Flight
Attendants are speaking out about the vote to transition
from an under-funded, company-sponsored pension plan into
the IAM National Pension Plan (NPP). “For many Flight
Attendants, the choice between the National Pension Plan and
the Continental Airlines Retirement Plan (CARP) is a
no-brainer,” said Cleveland-based Flight Attendant Marcus
Valentino. They’ve compared their benefits and seen the
wreckage of airline pension plans that didn’t survive
deregulation, bankruptcy or restructuring.” Flight
Attendants at Continental Micronesia already participate in
the NPP. IAM members at United Airlines, US Airways,
Northwest Airlines and Aloha Airlines have also ratified the
NPP. It is the only defined benefit pension plan to survive
bankruptcy and reorganization at those carriers. “I came to
Continental from another airline that had the National
Pension Plan. That airline is gone and the union no longer
represents the former employees, but the NPP still pays
benefits,” said -based Flight Attendant Charlie
Hromjah-Black. “Single-employer airline plans like CARP
can’t match a multi-employer plan like the NPP when it comes
to preserving benefits you’ve earned.”
More information
about the Continental pension vote is available at
www.iamdl142.org/fa and at
www.iamnpf.org
Ballots have
been mailed to all Continental Airlines Flight Attendants
to participate in a ratification vote on an amendment to the
IAM/CAL Collective Bargaining Agreement covering "PENSION
BENEFITS" while employed by Continental Airlines. The
ballot packet includes information on the IAM National
Pension Plan (NPP), instructions on voting, and a DVD
entitled “Secure Your Future”, featuring CAL Flight
Attendants discussing the benefits of transitioning to the
NPP. The ballots were mailed to your address on file with
the Union on January 17, 2007. Ballots must be received by
District Lodge 142 no later than February 13, 2007. Please
make any address updates at:
www.iamdl142.org/fa or call District Lodge 142 at
816-452-6646.
ExpressJet
has announced that it will launch branded service
using 50-seat regional jets. Less than 20% of the company's
fleet will be dedicated to independent flying, and it will
continue operating flights for Continental Airlines,
executives say. In conjunction with this new service,
ExpressJet Inflight Management has announced that they will
be opening a new domicile in Ontario, California (ONT),
effective April 1st, 2007. There will be
approximately 125 vacancies for the ONT base. For more
information on the new base opening and how to submit a
transfer request, refer to CIL # 07-08. The deadline for
submitting a transfer request is March 1st, 2007.
US Airways
Will Not Bid For Northwest Airlines, CEO Says – US
Airways will not offer to buy Northwest Airlines unless
another airline launches a bid for the carrier, US Airways
CEO Doug Parker said Thursday. "We know how much value can
be created through mergers," Parker said. "I think the rest
of the industry isn't there yet. I think that maybe it will
take the next (economic) downturn before people realize that
this industry isn't fixed yet."
Judge
Approves Delta’s Disclosure Statement – A
bankruptcy judge on Wednesday approved Delta Air Lines'
disclosure statement. The airline may now start soliciting
votes for its plan to leave bankruptcy this spring. "With
this key ruling now in place, our airline is entering the
next phase as we prepare to emerge this spring as a strong,
competitive, stand-alone carrier," wrote Delta CEO Gerald
Grinstein in an e-mail to Delta employees.
Boeing Says
787 Remains On Schedule, Considers Stretch Version –
A Boeing executive says the jetmaker is on schedule to start
delivering its 787 next summer and that contingency plans
are in place if suppliers do not meet current schedules.
The company is also moving forward with a stretched version
of the 787 and is in talks with several customers about the
longer aircraft.
We would
like to encourage all members to attend your Local Lodge
business meeting.
Each base must have a quorum to conduct business. The
following is a schedule for upcoming meetings: