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
White House Sends Message of Unity to IAMAW 141
[supsystic-social-sharing id='3']The letter, addressed to IAMAW District 141 Communications Coordinator Dave Lehive, is a welcome reminder that the American worker is once again an important part of public policy. It joins several other outreach efforts that the Biden...
DOJ: JetBlue, American Airlines Deal is a “De-Facto Merger.”
[supsystic-social-sharing id='3']This sweeping partnership is unprecedented among domestic airlines and amounts to a de facto merger between American and JetBlue. The U.S. Department of Justice, together with Attorneys General in six states and the District of...
Explaining the Protecting the Right to Organize Act
IAM Organizing Director Vinny Addeo draws on decades of experience to explain how the Protecting the Right to Organize (PRO) Act would help break down the barriers for working people to join unions. IAM Organizing Director Vinny Addeo draws on decades of experience to...