In a notice of proposed rulemaking that will be posted on Monday, the NMB will suggest a shift in voting in union elections, so that unions need only win a majority of the votes cast to win an election. Presently, unions must win a majority of all those eligible to vote.
Labor has been seeking the change for decades. It now appears possible because Democrats control Congress as well as the White House. Two of the three NMB members must come from the sitting president's party.
For Delta, which has been largely union-free for decades, the timing could prove unfortunate. A 2008 merger with heavily unionized Northwest means that two major airline unions are seeking elections that will determine whether tens of thousands of Delta employees have representation.Whatever is happening at the NMB, it should not slow down the Delta elections, the airline said Friday. "Regardless of what happens with the rule change proposal, there are pending Delta applications being delayed," said spokeswoman Gina Laughlin. "There's no reason for that delay. The applications should continue under the rules that existed at the time they were filed." Laughlin said Delta workers want the matter resolved. Currently, the airline can have two people "doing identical jobs, but with different pay rates, different benefits and different work rules," she said. Until representation issues are resolved, the rules cannot be equalized.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV