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VOL. 127 | NO. 178 | Wednesday, September 12, 2012

Pinnacle Dispatchers Ratify New Contract

By Bill Dries

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Union dispatchers for Memphis-based Pinnacle Airlines Corp. have ratified a new contract agreement with the regional air carrier.

The vote by members of the Transport Workers Union of America was tallied Aug. 31 and announced Tuesday, Sept. 11, by the company.

Pinnacle executives are renegotiating their collective bargaining agreements with all of the airline’s employee unions after the company’s first bankruptcy reorganization plan from April was scrambled in June. The initial reorganization plan was scrapped after Delta Air Lines won union agreements with its pilots that allow Delta to fly fewer of the 50-seat regional jets sooner that Pinnacle flies for Delta under contract.

The new contract with the dispatchers remains tentative until it is approved by a bankruptcy court judge.

The new and tentative reorganization plan outlined by Pinnacle CEO John Spanjers in August called for six-percent pay cuts for employees, a cut in paid vacation time by one week and a smaller company match in 401(k) retirement plans to take effect next year.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 56 212 11,977
MORTGAGES 68 295 15,645
FORECLOSURE NOTICES 23 80 3,103
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 81 291 11,598
BUSINESS LICENSES 29 102 4,257
UTILITY CONNECTIONS 89 428 17,611
MARRIAGE LICENSES 20 81 3,645

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