“Capital follows confidence” as defence courts private money
Outside investment and the direction in which venture money flows may reveal what defence will buy years before formal programmes begin.
AirTran?TWU agreement ratified
AirTran Airways and the Transportation Workers Union (TWU) have announced the successful membership ratification by an overwhelming margin of a new 48-month collective bargaining agreement.
The agreement covers AirTran Airways flight dispatchers that work at the company’s System Operations Control Centre in Orlando.
“Our dispatchers, who are at the focal point of our system operations control centre, and who make real time decisions with respect to the operations of over 750 flights each day, are excellent examples of the 8,500 professionals that make up the AirTran family,” remarked Bob Fornaro, AirTran Airways chairman, president and chief executive officer. “For more than a decade AirTran and the TWU have worked together to produce competitive compensation, benefits, and working conditions that our dispatchers deserve. Our new agreement is another example of that co-operation.”
TWU International representative Gary Shults commented, “TWU is proud to represent most of the nation’s dispatchers at major airlines including AirTran. Dispatchers play a critical role in keeping planes safe in the air and profitable in their operation. We think this is a good agreement that was reached and will help our members while allowing AirTran to maintain a competitive position in the industry.”
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