Flight dispatchers, Atlas Air, Polar Air Cargo reach tentative agreement

Negotiators with the Teamsters Airline Division have announced that a tentative agreement has been reached to extend the current collective bargaining agreement for flight dispatchers with Atlas Air, Inc. and Polar Air Cargo Worldwide, Teamsters union said.

The FAA-licensed flight dispatchers, who are members of Teamsters Local 210 in N.Y., are responsible for coordination with aircraft flight crews to ensure a safe dispatch and in-flight monitoring of all flights around the world for Atlas Air and Polar Air Cargo. Atlas Air and Polar Air Cargo conduct cargo and charter passenger operations for many airlines, and provide the airlift of cargo and troops for the US military worldwide.

The flight dispatchers´ contract was due to reach term in November of this year. They ratified their first Teamster contract in November of 2012. In September 2016, the parties first met to discuss the company´s decision to move flight dispatch operations from Purchase, New York to Cincinnati, Ohio in addition to the possibility of a contract extension.

After multiple deliberations, the parties came to an agreement regarding not only moving provisions, but also a four-year contract extension. The tentative agreement includes a 30% wage increase over the life of the contract.

A letter of agreement acknowledging the contract extension provisions will be prepared for member review and voting dates will be announced soon.

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

Boeing invests in tech companies via new group HorizonX

The Boeing Company (NYSE: BA) has invested in two early-stage technology companies through the ventures arm of a new group called Boeing HorizonX, an innovation cell focused on accelerating potentially transformative aerospace technologies, manufacturing innovations, and emerging business models, the company said.

Boeing HorizonX has made a venture investment in Washington, DC-based Upskill, a provider of enterprise software for augmented reality wearables focused on enhancing productivity, quality and safety in manufacturing, field service and logistics. Boeing has been working with Upskill for more than two years to evaluate the use of its technology across multiple locations nationally.

In addition, Boeing HorizonX is partnering with JetBlue Technology Ventures to invest in Zunum Aero, a Kirkland, Washington-based company that is pursuing the development of alternative propulsion aircraft, with potential for performance and efficiency improvements in a range of aerospace applications.

Boeing HorizonX is led by Steve Nordlund, who takes this role after serving as vice president of strategy for Boeing Defense, Space & Security. He has led strategy and business development organizations in both defense and commercial airplane business units at Boeing and helped launch venture-backed Insitu, Inc., which developed the ScanEagle and Integrator unmanned aerial systems.

Boeing HorizonX will operate as part of the Corporate Development & Strategy group, which reports to Greg Smith, chief financial officer and executive vice president of Corporate Development & Strategy at Boeing, with alignment also to Boeing´s chief technology officer and senior vice president of Boeing Engineering, Test & Technology, Greg Hyslop.

Boeing HorizonX will have three focus areas: making targeted investments in new ventures and startups; seeking unique business opportunities for the company´s aerospace technology; and assessing disruptive innovations and business strategies.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.