LUXEMBOURG?s Cargolux signed two new collective work agreements with unions LCGB and OGBL that will cover more than 1,300 employees at the airline.
One agreement extends from December 1, 2018 to December 31, 2019. The second will begin with the New Year and extends through the end of 2022.
New terms dictate a six per cent salary increase for ground staff and a four per cent increase for pilots over the course of four-year contracts.
Staff hired since December 2015 will see salary adjustments in addition to off-days and vacation time, bringing 'all staff to similar levels,' according to a press release.
The agreements 'cement job security within our company while contributing to Cargolux's sustainability on both social and economic fronts', said Cargolux president and CEO Richard Forson.
Last week, British Airways tried to coax its pilot union away from a walk-out during the summer travelling season. A court ruling last week failed to block the union's plans to strike.
Atlas Air Worldwide Holdings is also still locked in negotiations with its Atlas Air subsidiary's own labour union, Teamsters Local 1224, which contributed to a negative impact on the group's Q2 earnings.
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One agreement extends from December 1, 2018 to December 31, 2019. The second will begin with the New Year and extends through the end of 2022.
New terms dictate a six per cent salary increase for ground staff and a four per cent increase for pilots over the course of four-year contracts.
Staff hired since December 2015 will see salary adjustments in addition to off-days and vacation time, bringing 'all staff to similar levels,' according to a press release.
The agreements 'cement job security within our company while contributing to Cargolux's sustainability on both social and economic fronts', said Cargolux president and CEO Richard Forson.
Last week, British Airways tried to coax its pilot union away from a walk-out during the summer travelling season. A court ruling last week failed to block the union's plans to strike.
Atlas Air Worldwide Holdings is also still locked in negotiations with its Atlas Air subsidiary's own labour union, Teamsters Local 1224, which contributed to a negative impact on the group's Q2 earnings.
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