Atlas Air Worldwide Dispatchers Ratify Labor Agreement
April 18 2017 - 1:35PM
Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW), today announced
the ratification of a collective bargaining agreement with the
dispatchers of its subsidiaries, Atlas Air, Inc. and Polar Air
Cargo Worldwide, Inc. The dispatchers are represented by the
International Brotherhood of Teamsters (IBT) Local 210.
The four-year extension agreement follows an
initial five-year contract that was ratified in 2012. The agreement
includes pay increases, as well as benefits associated with the
dispatchers’ relocation to the company’s Northern
Kentucky/Cincinnati-area operating hub.
“We are very pleased to have finalized this
extension agreement with our outstanding team of experienced
dispatchers,” said John Dietrich, Executive Vice President and
Chief Operating Officer of Atlas Air Worldwide. “This agreement
offers highly competitive pay increases as well as favorable moving
allowances for our valued dispatchers. It also extends a solid
contract that continues to serve us all very well.”
“This agreement is the result of collaborative
and productive discussions with the IBT leadership and the
negotiating committee. We are grateful for their hard work and
commitment during the entire process. We appreciate our
dispatchers’ support of the extended agreement and the excellent
service they provide every day.”
The company’s dispatchers are responsible for
planning, dispatching, and oversight of all Atlas and Polar
aircraft during flight.
About Atlas Air
Worldwide:
Atlas Air Worldwide is a leading global provider
of outsourced aircraft and aviation operating services. It is the
parent company of Atlas Air, Inc., Southern Air Holdings, Inc. and
Titan Aviation Holdings, Inc., and is the majority shareholder of
Polar Air Cargo Worldwide, Inc. Our companies operate the world's
largest fleet of 747 freighter aircraft and provide customers a
broad array of Boeing 747, 777, 767, 757 and 737 aircraft for
domestic, regional and international applications.
Atlas Air Worldwide’s press releases, SEC
filings and other information may be accessed through the company’s
home page, www.atlasair.com.
Contacts:
Bonnie Rodney (Media) – (914) 701-8580
Dan Loh (Investors) – (914) 701-8200
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