Silver Airways pilots to get pay increases

7 January 2014

Silver Airways and its pilots, represented by the Airline Professionals Association Teamsters Local 1224 (Local 1224) and the International Brotherhood of Teamsters Airline Division (IBTAD), said they have reached an agreement that will help address pilot shortages at the airline and provide Silver´s pilots with pay increases and quality of life improvements.

The two groups have been working since August 2013 on a midterm contract solution that will increase pilot pay and provide quality of life enhancements, while at the same time allowing the airline to better operate and continue to grow. Once ratified by the pilots, the Letter of Agreement will also assist the airline in attracting and retaining high quality pilots by immediately boosting pay, enhancing commuting and schedule flexibility, and allowing all pilots who remain with the company for another year to earn a cash retention bonus.

Silver Airways Corp. (IATA: 3M) is a US owned and operated airline operating approximately 170 daily scheduled flights to/from 38 destinations in Florida, the Bahamas, Georgia, Alabama, Mississippi, Virginia, West Virginia, Pennsylvania, New York and Ohio. The company is privately owned by Victory Park Capital, a Chicago-based investment firm that launched the airline in May 2011. Its website is at www.silverairways.com.

0saves
If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.

Leave a Comment

Powered by WordPress