Pilots for America West and US Airways Hold Joint Session
07 June 2005 - 8:45AM
PR Newswire (US)
Pilots for America West and US Airways Hold Joint Session Merger
Policy, Transition Process, and Bankruptcy Concerns Highlight
Discussions PHOENIX, June 6 /PRNewswire/ -- Leaders for the pilot
groups of America West (NYSE:AWA) and US Airways (OTC:UAIRQ)
(BULLETIN BOARD: UAIRQ) , represented by the Air Line Pilots
Association, Int'l (ALPA), today held a joint session to discuss
issues of mutual concern relating to the proposed transaction
between the two airlines. The pilot groups received briefings from
ALPA staff and advisers on a range of issues, including US Airways'
bankruptcy, transaction details, and merger policy. The pilot
groups explored ways to work together toward each group's mutual
benefit and future. Shared concerns about contract enforcement and
enhancements, job security and protections, and pilot seniority
were voiced. No discussions took place concerning seniority
integration, since this process is governed by the provisions of
ALPA Merger Policy. "The importance of the discussion was to look
at alternatives to secure our future," said James "J.R." Baker,
Master Executive Council (MEC) chairman for the America West pilots
union. "Both pilot groups have made sacrifices in the past to help
ensure the viability of their respective companies and want to
ensure that these sacrifices are recognized by the new management
team." "During this discussion, the members of both MECs learned
how we can turn possible difficulties that may result from a
potential merger process into opportunities. I am pleased that we
have taken the first steps that will begin the process to align
both pilot groups in order to attain our common goals, while at the
same time respecting our separate concerns," said US Airways MEC
Chairman Captain Bill Pollock. Following the joint session, each
MEC met separately to discuss how to use the information presented
to best represent the respective pilot groups. Presently, US
Airways has received permission from the Bankruptcy Court to review
alternate plans of reorganization proposals for a 30-day period,
which will end on July 1, 2005. If no proposals are received by
that date, the Merger Agreement and Investment Agreements will be
considered the approved proposal without a court action, and US
Airways intends to propose a plan of reorganization which
implements those agreements. ALPA is the world's largest pilot
union, representing 64,000 pilots at 41 airlines in the U.S. and
Canada. Visit the ALPA Web site at http://www.alpa.org/.
DATASOURCE: Air Line Pilots Association CONTACT: America West pilot
contact: Herb Holland, America West Pilots Master Executive
Council, +1-602-306-1208, or US Airways pilot contact: Jack
Stephan, US Airways Pilots Master Executive Council,
+1-410-703-9259, +1-412-264-5600, both of the Air Line Pilots
Association Web site: http://www.alpa.org/
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