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&AW Plays Key Role in Override of Trump’s Veto of Defense Bill
[supsystic-social-sharing id='3']Congress, feeling pressure from the IAM and other labor leaders, delivered a harsh rebuke to President Trump by overwhelmingly overriding his veto of the National Defense Authorization Act (NDAA). The IAM had been pressuring Congress...
A New Year is Upon Us: IAMAW 141 Community Service
Good Morning, I hope this letter finds you well. There is no question that the past year has been a struggle for us all, in so many ways and on so many levels. while at the same time we all look for ways to create some resemblance of normal. Last year COVID-19...
January Helping Hands: Gambling
Mensaje en Español ///EAP Peer Volunteers: With the beginning of a new year and signs of hope that we at at the beginning of a return to normalcy, we need to turn to a problem that is becoming as large as the substance abuse and mental health issues that are...