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News Conference


.70 mach

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The news conference was to announce that a deal had been done.I don't think the deal is 100% and has to be ratified between the members, but so far the company is happy with the ALPA, CALDA and will be finalizing CAW and I think also shortly with the Teamsters. There is a small stumbling block for the CAW with regards to a pay increase in 2003.

Something should be coming out to it's members soon with regards to what was or will be signed (I think). But what was mentioned was the cooperation between all union groups and management from Jazz. Lets remember that with this process the goal posts have been changing almost daily with regards to cutting costs.

-Labour costs have been reduced by 58.5 million per year.

-Introduce 25-30 70 seats regional planes.

-No plan to merge ZIP with JAZZ

Anyone else heard anything?

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