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
141 Report: EAP Always There
Joe Washburn was recently appointed to oversee EAP volunteers in the Southeast region that includes BWI, DCA, FLL, IAD, MCO, PHL, RSW, and TPA. He provides them with training and the resources they need to serve members and their families to assist them when they need...
IAM Calling on Congress for Rail Safety and Job Creation
[supsystic-social-sharing id='3']The Machinists Union is strongly urging Congress to help secure the livelihood of the nearly 40,000 IAM members working in the rail industry by passing the INVEST in America Act. Many thanks to the Machinists & Aerospace...
Member Activists: The Key to Unionizing Workers
[supsystic-social-sharing id='3']Americans want unions. According to a recent Gallup study, an estimated 65% of American workers have a favorable view of unions and would support unionization efforts at their workplaces. However, only 10% of workers are fortunate...