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chipmunn
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MEC CODE-A-PHONE UPDATE - January 23, 2003
This is Roy Freundlich with a US Airways MEC update for Thursday, January 23.
Last evening, U.S. Sen. Arlen Specter introduced an amendment to the H. J. Res. 2, the FY 2003 Omnibus Appropriations Bill, which sought to clarify the PBGC’s authority to grant the restoration-funding plan for US Airways pension funding obligations. The amendment was defeated 64-31.
This restoration funding legislation is still active in the Senate Finance Committee for normal legislative processing. ALPA appreciates Senator Specter’s and other legislatures’ continued support and efforts.
After discussing yesterday’s senate action with ALPA’s Legislative Affairs representatives this morning, ALPA recognizes that a legislative solution remains an uphill battle in the short term, but remains a very practical solution over a longer term.
Chip comments: Today saw a couple of positive developments that may provide a solution to the dispute between US Airways and ALPA over the pilot pension issue.
First, there is some positive movement on Capital Hill to fix the nationwide/airline industry pension problem where US Airways' pilots could be grandfathered under any future legislation.
Second, it's my understanding the company delivered its Plan B retirement solution to ALPA. There is disagreement between the parties as to the valuation of the proposal, but the significant point is company and union negotiators are talking.
The ALPA MEC continues to remain in concert and shares their opinion by a 12-0 margin. More information should be forthcoming shortly and made public.
Nobody interested in the success of US Airways wants to see our company burned to the ground by a management-labor dispute, but the pilot resolve to see what they believe is a fair solution should not be underestimated. Let's hope there is both a corporate and legislative solution.
Finally, I encourage all of my colleagues to focus on their job and to continue to provide our customers, who provide for our paychecks, the best product in the industry.
Chip
This is Roy Freundlich with a US Airways MEC update for Thursday, January 23.
Last evening, U.S. Sen. Arlen Specter introduced an amendment to the H. J. Res. 2, the FY 2003 Omnibus Appropriations Bill, which sought to clarify the PBGC’s authority to grant the restoration-funding plan for US Airways pension funding obligations. The amendment was defeated 64-31.
This restoration funding legislation is still active in the Senate Finance Committee for normal legislative processing. ALPA appreciates Senator Specter’s and other legislatures’ continued support and efforts.
After discussing yesterday’s senate action with ALPA’s Legislative Affairs representatives this morning, ALPA recognizes that a legislative solution remains an uphill battle in the short term, but remains a very practical solution over a longer term.
Chip comments: Today saw a couple of positive developments that may provide a solution to the dispute between US Airways and ALPA over the pilot pension issue.
First, there is some positive movement on Capital Hill to fix the nationwide/airline industry pension problem where US Airways' pilots could be grandfathered under any future legislation.
Second, it's my understanding the company delivered its Plan B retirement solution to ALPA. There is disagreement between the parties as to the valuation of the proposal, but the significant point is company and union negotiators are talking.
The ALPA MEC continues to remain in concert and shares their opinion by a 12-0 margin. More information should be forthcoming shortly and made public.
Nobody interested in the success of US Airways wants to see our company burned to the ground by a management-labor dispute, but the pilot resolve to see what they believe is a fair solution should not be underestimated. Let's hope there is both a corporate and legislative solution.
Finally, I encourage all of my colleagues to focus on their job and to continue to provide our customers, who provide for our paychecks, the best product in the industry.
Chip
19 AM Tim Nelson wrote: 
