ALLEGIANT ANNOUNCES TENTATIVE AGREEMENT FOR FLIGHT ATTENDANTS WITH THE TRANSPORT WORKERS UNION OF AMERICA, AFL-CIO
Werte in diesem Artikel
LAS VEGAS, March 22, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) and The Transport Workers Union of America, AFL-CIO Local 577 announce they have reached a tentative agreement on all remaining open issues for the successor to the parties' first collective bargaining agreement.
The parties' first collective bargaining agreement became amendable on December 21, 2022, and Allegiant and the TWU were able to secure the new five-year tentative agreement in just over a year and a half of bargaining by building on their strong positive working relationship.
The new Tentative Agreement covering Allegiant's 1,700+ flight attendants includes significant increases to wages, a modified duty rig to provide additional compensation for extended operational delays and designated Holiday pay. Improvements also include enhancements to retirement benefits, deadhead pay, bonus flight hour calculations, and vacation allocation and pay. Allegiant flight attendants will enjoy meaningful quality of life improvements in scheduling, hours of service and leave of absence. Additionally, the parties have agreed to introduce a minimum trip pairing pay.
"We are encouraged the negotiating teams for both Allegiant and the TWU have come to a tentative agreement," said Allegiant President Gregory C. Anderson. "Our cabin crew take care of our customers as our ambassadors in the sky. This contract is structured to meaningfully improve their experience and better recognize their vital role as part of Team Allegiant. We look forward to the next step in the process."
The deal still requires a ratification vote by the union's full membership, which is expected to be complete next month.
Allegiant – Together We Fly™
Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF
Media Contact
Phone: 702-800-2020
Email: mediarelations@allegiantair.com
Category: News
View original content to download multimedia:https://www.prnewswire.com/news-releases/allegiant-announces-tentative-agreement-for-flight-attendants-with-the-transport-workers-union-of-america-afl-cio-302096526.html
SOURCE Allegiant Travel Company
Ausgewählte Hebelprodukte auf Allegiant Travel
Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf Allegiant Travel
Der Hebel muss zwischen 2 und 20 liegen
Aktuelle Allegiant Travel Aktie News
Allegiant Travel Analysen
Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Allegiant Travel nach folgenden Kriterien zu filtern.
Alle: Alle Empfehlungen
| Datum | Rating | Analyst | |
|---|---|---|---|
| 26.04.19 | Allegiant Travel Outperform | Imperial Capital | |
| 20.03.19 | Allegiant Travel Outperform | Imperial Capital | |
| 01.02.19 | Allegiant Travel Outperform | Imperial Capital | |
| 31.01.19 | Allegiant Travel Market Perform | Cowen and Company, LLC | |
| 16.01.19 | Allegiant Travel In-line | Imperial Capital |
