Market Overview

NetJets Unions Coalition Announces Informational Pickets in Las Vegas: Nov. 13, 14, 16 & 17

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COLUMBUS, Ohio, Nov. 12, 2014 /PRNewswire-USNewswire/ -- The NetJets Unions Coalition is an alliance comprised of the NetJets Association of Shared Aircraft Pilots (NJASAP), the collective bargaining agent for the 2,700-plus pilots who fly in the service of NetJets, and the International Brotherhood of Teamsters Local 284, which represents approximately 500 NetJets dispatchers, flight attendants, maintenance controllers, mechanics and stock clerks. NetJets is a Berkshire Hathaway (NYSE: BRK-B) subsidiary.

WHAT
Informational picketing by unionized NetJets employees – all of whom are engaged in Section 6 talks with NetJets – in two Las Vegas locations

WHERE
Henderson Executive Airport, 3500 Executive Terminal Drive, Henderson, Nevada
Atlantic Aviation on Tropicana Avenue, 275 E. Tropicana Ave., Las Vegas

WHEN
Thursday, Nov. 13, 2014, beginning at noon (local time)
Friday, Nov. 14, 2014, beginning at 9 a.m. (local time)
Sunday, Nov. 16, 2014, beginning at 9 a.m. (local time)
Monday, Nov. 17, 2014, beginning at 9 a.m. (local time)

WHY

  • Senior management is engaged in Section 6 bargaining with each of its unionized employee groups and progress has been painstakingly slow.
  • Despite record profitability, NetJets continues to demand major concessions – diminished compensation, benefits and work rules – from the hard working men and women who directly contributed to its stellar financial performance.
  • While demanding contract concessions from unionized employees, profit-sharing checks are being handed out to all levels of management and non-union employees.
  • The flight attendants have been in contract talks for more than three years and, earlier this year, entered government-supervised mediation to settle the dispute.

SOURCE NetJets Association of Shared Aircraft Pilots (NJASAP)

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