Teamsters, Continental Reach Tentative Agreement on Contract

A date for the ratification vote has not yet been set, but it is expected within the coming weeks. The count is expected in mid-October.


Mechanics Would Receive Healthy Raises, Signing Bonuses

WASHINGTON, Sept. 10 /PRNewswire-USNewswire/ -- The International Brotherhood of Teamsters announced today that the mechanics it represents at Continental Airlines (NYSE: CAL) reached a tentative agreement on a new contract with the company.

The Teamsters represent 3,700 Continental aircraft maintenance technicians and related employees who work in the United States.

"This is a good agreement, with healthy raises and signing bonuses," said Teamsters Airline Division Director David Bourne. "It recognizes the contribution that our hard-working mechanics make to the success of Continental Airlines."

A date for the ratification vote has not yet been set, but it is expected within the coming weeks. The count is expected in mid-October.

A copy of the tentative agreement can be found at http://teamsterair.org/.

Founded in 1903, the International Brotherhood of Teamsters represents more than 1.4 million hardworking men and women in the United States, Canada and Puerto Rico.

SOURCE International Brotherhood of Teamsters

We Recommend