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

Teamsters Try to Raid US Airways Mechanics

Teamsters officials said more than half of mechanics at the American Airlines maintenance base in Tulsa have signed on in support, as well as a majority of mechanics at 14 other bases. Said Wise, "The cards are good for a year. If there is an election on American property and they lose and the merger is consummated in June or July, they could come back to the combined group and try again."

In a prepared statement released Feb. 15, TWU President Jim Little blasted the Teamsters for "raiding" other unions.

"TWU will put our record against the Teamsters any day of the week," Little said. "If you really want to study Teamsters' representation in the aviation sector, buy a plane ticket to China, where most of United Airlines' (UAL - Get Report) aircraft are repaired. In contrast, American Airlines repairs the bulk of its aircraft in-house and in the United States and will continue to do so under agreements reached by TWU with both AMR and US Airways.

Additionally, referring to the raid on IAM members, Little accused the Teamsters of "a campaign of misinformation," saying, "look at what they promise US Airways workers on issues like reopening a contract before it is amendable or their lack of knowledge about seniority issues when they talk to workers at American.

"It's a sad history," he said. "The Teamsters dropped out of the AFL-CIO, claiming they wanted to devote more resources to organizing. Instead, they devote their time and efforts to hurting the labor movement."

Teamster spokesman Galen Munroe, responding to both Wise and Little, said: "The statements are surprising and utterly ridiculous."

Another union, the Airline Mechanics Fraternal Association, is also seeking card support from American mechanics, The Tulsa Worldsaid.

The IAM also represents fleet service workers at US Airways, while the TWU represents fleet service workers at American. Both unions are AFL-CIO members and they are said to be discussing future representation issues.

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

>To contact the writer of this article, click here: Ted Reed
2 of 2

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%
UAL $45.81 0.00%
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 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