Buffett's NetJets, pilots union reach labor pact [Reuters]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Reuters
Buffett's NetJets, pilots union reach labor pact | Reuters 2 Min Read (Reuters) - NetJets, the luxury plane unit of Warren Buffett’s Berkshire Hathaway Inc ( BRKa.N ), has extended its contract with its pilots union by three years, avoiding the type of bitter labor dispute that it had with the union earlier this decade. The tentative contract with the NetJets Association of Shared Aircraft Pilots, which represents 2,500 pilots, boosts pay, changes the compensation structure, and expires in 2026. NetJets and the union said in a joint statement on Thursday that the accord followed six weeks of talks, which the Columbus, Ohio-based company began though the pilots’ 2015 contract wasn’t scheduled to expire until 2023. More than 81 percent of the pilots voted last month in favor of the changes. “The NJASAP Executive Board is exceedingly pleased with the outcome of this negotiation â?? an ambitious undertaking characterized by honesty, goodwill and a genuine commitment to continuing collab
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BRK.B
Earnings
- 2/26/24 - Beat
BRK.B
Sec Filings
- 4/18/24 - Form FWP
- 4/10/24 - Form PX14A6G
- 4/9/24 - Form 424B5
- BRK.B's page on the SEC website