Up, Up and Away; JetBlue Management
Again Ups its Bid for Spirit: Now $3.7 BILLION
Justice at JetBlue
22 June 2022
Washington, June 16, 2022 – The International Association of Machinists and Aerospace Workers (IAM) applauds the U.S. House Transportation and Infrastructure Committee for approving the Global Aircraft Maintenance Safety Improvement Act (H.R. 7321).
JetBlue management yesterday once again upped its bid to $3.7 BILLION to merge with Spirit Airlines. This is approximately 68% more than the Frontier offer.
You read that right, yes, 68% more.
JetBlue management is totally obsessed with merging with Spirit, and it appears no price is too high.
Management previously cut the summer flight schedule by about 10 percent due to staffing concerns. JetBlue could be investing much more in its people to retain workers that we need and attract new workers, which we also need. But, it seems management is more concerned with merging with Spirit, even as many economists predict a slowing economy
due to rising interest rates to battle inflation.
The tough questions are:
(1) Could this money be utilized more wisely?
(2) Is the total obsession with merging with Spirit good for us?
Management has claimed it will divest routes in the Northeast and gates in FLL. Without a union contract to protect our interests in a merger, we are certainly at risk and that needs to be fixed as soon as possible.
The International Association of Machinists and Aerospace Workers (IAM) is one of the largest and most diverse industrial trade unions in North America, representing approximately 600,000 active and retired members in the aerospace, defense, airlines, railroad, transit, healthcare, automotive, and other industries.
Related News
Hawaiian Airlines Negotiations Update
[supsystic-social-sharing id='4']Hawaiian Airlines Negotiations Update 22 November, 2021 Aloha sisters and brothers at Hawaiian Airlines, Your joint District 141 & 142 negotiation committee met this past week in Las Vegas with the company. While we were...
141 Report: Fourth Generation Airline Worker and Union Leader, Jennifer Carlson
IAM District Lodge 141 Report with Host Dave Lehive is a weekly podcast featuring Machinist Union Members and Allies of the Labor Movement. Our Video report airs every Friday at 2:00 PM EST (1:00 CST) on Facebook and Youtube and is also on Spotify. This week on the...
Airline and Rail Members Fight Though Pandemic, Understaffing to Keep America Moving
[supsystic-social-sharing id='3']This story first appeared on GOIAM.org > The IAM Transportation Department includes more than 160,000 active and retired members in the airline and rail industries, making it the largest airline union in North America. Its members...