Members of the Frontier Airline Pilots Association (FAPA) have ratified a long-term labour agreement with the airline. The deal will extend certain wage and benefit concessions through to December 2011. Nearly 85% of votes cast were in favour of ratification.
"Our pilots once again have demonstrated their willingness to help Frontier's leadership move our airline toward sustainability and growth," said Frontier president and CEO Sean Menke. "This agreement is important because now 100% of our workers have made wage and benefit concessions, a factor that will prove critical in attracting exit financing for our emergence from bankruptcy."
"The leadership of the Frontier Airline Pilots Association and its members understand the challenges Frontier is facing and appreciate the joint effort made in reaching this agreement," said FAPA president John Stemmler. "This agreement is a clear demonstration of our commitment to Frontier and our belief in its long-term success."
The Frontier Airline Pilots Association represents more than 600 pilots at Frontier.
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
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