Atlas Air Worldwide Announces New Five-Year Labor Agreement with Atlas Air and Southern Air Pilots
Atlas Air Worldwide Holdings (AAWW)
Last atlas air worldwide holdings earnings: 2/20 08:00 am
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atlasair.com/holdings/investor-information.html
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Source: GlobeNewswire
PURCHASE, N.Y., Sept. 10, 2021 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced that its Atlas Air, Inc. subsidiary has completed a new joint collective bargaining agreement (JCBA) for its Atlas Air and Southern Air pilots, who are represented by the International Brotherhood of Teamsters (IBT). The five-year JCBA is one of the last major steps in completing Atlas Air’s merger with Southern Air, which it acquired in 2016. The JCBA was achieved through a contractual merger process, which included negotiations followed by binding arbitration to resolve remaining open items. Under this new long-term agreement, Atlas Air and Southern Air pilots will receive higher pay and enhanced benefits as part of the overall competitive package. “At Atlas, our people are our greatest strength, and our more than 2,500 pilots deserve this new agreement that provides them with significantly improved pay and benefits,” said John W. Dietrich, President and Chief Ex
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