The new company collective bargaining agreement
has a term of 20 months (July 1, 2013 to February 28, 2015).
As a result, once the collective bargaining agreement
is ratified by union membership, the Company expects to record a one-time non-cash pre-tax benefit of approximately $18.
About $21 million of annual cost reductions is expected to come from the elimination of future increases in wages and benefits contemplated by the current collective bargaining agreement
, and the remaining $44 million is expected to come from reductions to current wages and payments made for health, welfare and pension benefits.
The Training School, a product of joint labor/management cooperation and foresight, is funded under the collective bargaining agreement
with Local 32E.
Their previous collective bargaining agreement
became amendable on 31 December 2008.
Per the collective bargaining agreement
, players will be tested for the next two seasons, and if more than 5 percent test positive, testing will become permanent and offenders will be disciplined.
Fitch's rating upgrade reflects additional protection to facility noteholders provided by the recently approved collective bargaining agreement
(CBA) between MLB's club owners and the Major League Baseball Players Association which ensures no work stoppage through the 2011 season, as well as renewals of long-term broadcast agreements.
Spanish airline Iberia has announced that it has reached an agreement with the company committee of the Sepla airline pilots union to renew the collective bargaining agreement
AMFA filed grievances claiming that all these "force majeure" furloughs were in violation of the collective bargaining agreement
between AMFA and NWA.
The league and players will immediately begin negotiating an interim collective bargaining agreement
for the 2000 season.
Department of Transportation to operate the service as a through-flight from DFW to Chicago and then to Beijing in order to comply with the current APA-American Airlines Collective bargaining agreement
Frontier Airlines (Nasdaq: FRNT) has reached a definitive agreement with the Frontier Airline Pilots Association (FAPA), after the union membership ratified a new collective bargaining agreement