Teamsters to Protest Republic Airways at Shareholder Meeting
(New York, NY) – On Wednesday, Aug. 1, Republic Airways [NASDAQ: RJET] pilots, flight attendants and mechanics will be picketing outside of the airline’s annual shareholders meeting and hand-billing the public to inform them of the escalating problems. Republic provides regional service for mainline carriers United, American US Airways and Delta.
Republic Airways pilots could soon strike over the company’s failure to address fundamental economic issues. With no wage increase in more than five years, some Republic pilots now qualify for food stamps. The company is also destroying morale among other work groups by delaying contract negotiations with flight attendants and violating the workplace rights of mechanics.
In its report, Independent Board Leadership at Republic Airways –The Final Frontier, the Teamsters note concerns about the airline’s clubby board and conflicted lead director who have allowed CEO and Chairman Bryan Bedford to create the current crisis at Republic. The Teamsters General Fund has a proposal on Republic’s proxy which will be voted on at the annual meeting which calls for an independent chairman of the board of directors.
WHO:
Republic Airways Pilots, Flight Attendants, Mechanics
WHAT:
Picketing outside Republic Airways Shareholder Meeting
WHEN:
Wed., Aug. 1, 2012
11 a.m.
WHERE:
666 Fifth Avenue, New York, NY 10019
VISUALS:
Teamsters picketing with signs, inflatable ‘Fat Cat’
Republic Airways pilots could soon strike over the company’s failure to address fundamental economic issues. With no wage increase in more than five years, some Republic pilots now qualify for food stamps. The company is also destroying morale among other work groups by delaying contract negotiations with flight attendants and violating the workplace rights of mechanics.
In its report, Independent Board Leadership at Republic Airways –The Final Frontier, the Teamsters note concerns about the airline’s clubby board and conflicted lead director who have allowed CEO and Chairman Bryan Bedford to create the current crisis at Republic. The Teamsters General Fund has a proposal on Republic’s proxy which will be voted on at the annual meeting which calls for an independent chairman of the board of directors.
WHO:
Republic Airways Pilots, Flight Attendants, Mechanics
WHAT:
Picketing outside Republic Airways Shareholder Meeting
WHEN:
Wed., Aug. 1, 2012
11 a.m.
WHERE:
666 Fifth Avenue, New York, NY 10019
VISUALS:
Teamsters picketing with signs, inflatable ‘Fat Cat’