DENVER, CO – Frontier Airlines announced today that it has reached a tentative agreement with one of its unions for long-term wage and benefit concessions. Leaders of the Transportation Workers Union (TWU), which represents the airline’s dispatchers, agreed to wage and benefit concessions through September 2012. The agreement will be presented for ratification by the union membership and for approval by the court overseeing Frontier’s Chapter 11 case.
“I applaud the TWU leadership for recognizing the necessity of these concessions and working cooperatively with us,” said Frontier president and CEO Sean Menke. “This is another very important step in our Chapter 11 reorganization process, helping us to meet the cost targets required by our business plan.”
“The TWU appreciates the joint effort made in achieving this restructuring agreement,” said TWU Local 540 president David Durkin. “We hope that this will be the first step in achieving agreements with the other groups, which will allow Frontier to exit bankruptcy as quickly as possible.”
Frontier continues to negotiate to obtain long-term concessions from its other two unions: the Frontier Airline Pilots Association, which represents Frontier’s pilots and the International Brotherhood of Teamsters, which represents Frontier’s mechanics, tool room employees, aircraft appearance agents and material specialists.