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
IAM members at Spirit beat the heat with lump sum payments
[supsystic-social-sharing id='4'] IAM members at Spirit beat the heat with lump-sum payments Brothers and Sisters, District 141 members at Spirit Airlines will receive a bonus paycheck after we signed a Letter of Agreement with the carrier this week. The...
United Adds Nearly 150 New Flights to Winter Schedule
[supsystic-social-sharing id='3']United Airlines, the largest employer of Machinists and Aerospace Union Members in District 141, is adding nearly 150 flights to its winter schedule. As demand for travel continues to build, United Airlines is expecting the resurgence...
Machinists Union Member Meets President Biden
[supsystic-social-sharing id='3']IAM District Lodge 66 member Mike Davis recently got the chance of a lifetime to meet President Biden. After the president gave a speech pushing his $1 trillion infrastructure plan at the La Crosse Municipal Transit Utility in...