Negotiators for financially tottering Northwest Airlines made a new “economic offer†to its mechanics union Wednesday, two days before a strike deadline, a union spokesman said.
Neither the company nor Jeff Mathews, the spokesman for the Aircraft Mechanics Fraternal Association (AMFA), would provide details of the offer made during a third day of talks at the National Mediation Board headquarters. Nor would they say whether it was an improvement over previous company proposals.
“We’re in the process of analyzing it,†Mathews said.
It said the two sides appeared to be “resolving language issues,†but have yet to sign off on a complete article.
Northwest officials declined to comment on their economic proposal.
Seems NWA only offered a severance package for the Custodians that was rejected by AMFA as being below the same type of package offered the Custodians at UAL
SAN FRANCISCO (MarketWatch) -- Northwest Airlines said Thursday that a new contract offer from the Aircraft Mechanics Fraternal Association received on Aug. 17 falls short of the company's cost-cutting goals, according to a statement from the airline. Northwest values the union's offer at $100 million in annual cost cuts but the company wants $176 million from AMFA.
