This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

US Airways, Pilots May Restart Contract Talks

CHARLOTTE, N.C. -- ( TheStreet) -- The National Mediation Board wants US Airways (LCC) and its pilots to negotiate a contract, whether or not the carrier merges with AMR (AAMRQ.PK).

Resolving the contentious seniority issue, which has divided pilots since a 2005 merger between US Airways and America West, would be put off until every other contract issue has been resolved.

"The NMB has asked that USAPA and US Airways devise a process under which there will be negotiations and tentative agreement on all other sections of the contract prior to discussing seniority," said Gary Hummel, USAPA president, in a letter to pilots on Thursday.

"Everyone understands that the seniority issue has caused us years of delay," Hummel said. "It is time to complete the other 29 sections of our contract first, and when that process is complete, USAPA will present a comprehensive proposal for section 22 of the contract which deals with seniority.

The union and the airline should establish a negotiation process by Nov. 21, the NMB said, after which negotiations could be scheduled, according to Hummel's letter.

In the letter, Hummel said union officials met with the NMB Chairman Harry Hoglander on Thursday morning to request that mediated negotiations be restarted. Negotiations broke off last year due to a lack of progress. Hummel said Hoglander responded that if negotiations are to restart, "consideration of the contentious seniority issue must be postponed until all other sections of the contract in dispute have been tentatively agreed upon."

During the airline's third-quarter earnings call in October, CEO Doug Parker responded to a question regarding pilot negotiations by saying: "The NMB recessed those negotiations some time ago. And if the NMB decides it's time to bring them back, we'll of course be there and ready to negotiate as we have been all along."

Parker noted, however, that "the seniority matter is still not resolved and clearly, we can't get to a contract until there's seniority list resolved."

US Airways is currently pursuing a merger with AMR. "If the merger takes place, USAPA would of course talk with whatever management is in place," said USAPA spokesman James Ray. "Whatever gets us to a contract first is what we're interested in. But we have to proceed on the assumption that there may not be a merger."

-- Written by Ted Reed in Charlotte, N.C.

>To contact the writer of this article, click here: Ted Reed .

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
LCC $0.00 0.00%
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs