Spirit Airlines and Dispatcher Membership Ratify Agreement

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Spirit Airlines and Dispatcher Membership Ratify Agreement

MIRAMAR, Fla., Aug. 16, 2013 (GLOBE NEWSWIRE) -- Spirit Airlines (Nasdaq: SAVE ) Dispatchers, represented by the Transport Workers Union (TWU), voted to ratify a new contract reached between the airline and the TWU. The new five-year agreement was ratified by TWU Members at Spirit Airlines yesterday and became effective today.

"We are pleased to have reached a mutually beneficial and competitive agreement that recognizes our high quality team of Dispatchers for the great job they do every day for the company and our customers," said Spirit's President and CEO Ben Baldanza. "We look forward to further building a relationship of mutual trust and respect with all of our dispatch team members."

The agreement provides improved pay for Spirit's Dispatchers while at the same time maintaining efficiency and supporting the company's continued growth and ability to offer ultra low fares, optional services and low total prices for its customers.

"I am extremely pleased to have reached an agreement that recognizes the critical role our Members play and provides the economics that allow Spirit Airlines to remain the leading Ultra Low Cost Carrier of the Americas," said TWU Local 540 President Alex Giarrocco. 

About Spirit Airlines

Spirit Airlines (Nasdaq: SAVE ) empowers customers to save money on air travel by offering ultra low base fares with a range of optional services, allowing customers the freedom to choose only the extras they value. This innovative approach grows the traveling market and stimulates new economic activity while creating new jobs. Spirit's modern fleet, configuration and other innovations enable Spirit to burn less fuel per seat than competitors, making Spirit one of the most environmentally-friendly U.S. carriers. Spirit's all-Airbus fleet operates approximately 250 daily flights to over 50 destinations in the U.S., Latin America and Caribbean. Visit Spirit at www.spirit.com .

MEDIA NOTE: Spirit aircraft photos and video b-roll are available in the press room section of spirit.com at http://www.spirit.com/Pressrelease.aspx .

Media Contacts: Misty Pinson Director, Corporate Communications 954-628-4827 Investor Relations Contact DeAnne Gabel Director, Investor Relations 954-447-7920

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

FirstEnergy Appoints Key Execs: Tech and Safety Push

Updated Category News Views 7

Well, ain't that a twist in the grid! FirstEnergy just reshuffled the deck, pulling in fresh senior blood to shake things up in safety, technology, and efficiency. It’s a bold move that should raise more than a few investor eyebrows. Meet the New Guards: Energizing FirstEnergy On the helm of this ambitious push, you have Chris Beam, Hanneke Counts, and Daniel Puscas...

Continue Reading
Axos Clearing Teams Up with Envestnet for Enhanced Solutions

Updated Category News Views 129

Axos Clearing Partners with Envestnet Axos Clearing, a subsidiary of Axos Financial Inc. (NYSE: AX), has recently formed an exciting strategic partnership with Envestnet, a leading provider of integrated technology and wealth solutions. This collaboration promises to deliver cutting-edge managed account solutions directly into Axos Clearing's Axos Complete portal,...

Continue Reading
Foresight Group Holdings Undertakes Strategic Share Buyback Initiative

Updated Category News Views 165

Foresight Group's Share Buyback Program Overview Foresight Group Holdings Limited, renowned for its expertise in managing investments in real assets, has initiated a strategic share buyback program. This program, first announced in early April, reflects the Group's commitment to optimizing shareholder value while enhancing its financial positioning within the market....

Continue Reading
Goldman Sachs Predicts Modest 2025 Gains for European Market

Updated Category News Views 153

Goldman Sachs' Outlook for European Equities Goldman Sachs analysts anticipate modest returns for the STOXX Europe 600 index in the coming years, projecting a 4% price increase and a total return of about 7% when accounting for dividends. This cautious viewpoint suggests a target price of 530 for the index, rising from its current standing of 511. Growth Expectations and...

Continue Reading
How Year-Round Holiday Shopping Is Transforming Retail

Updated Category News Views 197

Retailers Adapt to Year-Round Holiday Shopping Trends Embracing the holiday spirit well beyond the traditional December confines, retailers are rapidly evolving their strategies. Companies are now recognizing the changing mindset of consumers who enjoy anticipating the holidays much earlier than before. From themed decorations popping up during summer to the concept of...

Continue Reading