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AWA's CEO gets a cool 1 million

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dixieflyer

Well-known member
Joined
Feb 18, 2002
Posts
237
> > > MEC Communication Bulletin - March 31, 2004
> > > From: Terry Stadler, AWA MEC Chairman
> > > To: All AWA Pilots
> > > Re: Press Release
> > >
> > >
> > > The following press release was sent in response to AWA's
announcement
> > > of Doug Parker's $1 million bonus:
> > >
> > >
> > > For Immediate Release
> > > March 30, 2004
> > >
> > > ALPA America West Pilots Blast CEO's $1 Million Bonus
> > >
> > > PHOENIX- While the America West Airlines (AWA) pilots are
encouraged
by
> > > favorable company performance, they are fuming over the recent
> > > announcement by AWA indicating that CEO Douglas Parker has been
awarded
> > > a $1 million bonus.
> > >
> > > Captain Terry Stadler, Chairman of the America West Airlines
Master
> > > Executive Council, part of the Air Line Pilots Association,
> > > International (ALPA), said, "The AWA pilots find Mr. Parker's
behavior
> > > outrageous - that he accepts this bonus while his middle managers
> > > nickel-and-dime this pilot group over implementation issues
concerning
> > > our recently ratified contract. For example, while Mr. Parker
collects
> > > his $1 million bonus, the $920 retirement supplement promised to
some
> > > pilots has been cut off as a cost-savings measure by the company.
These
> > > pensions are but a fraction of the bonus Mr. Parker has accepted.
Three
> > > months into the new contract and it is still business as usual in
terms
> > > of labor relations at America West Airlines.
> > >
> > > "America West is beginning an expansion program that will
require
> > > everyone pulling together. This bonus is just another example of
> > > management lining their pockets at the expense of the employees
and
> > > creates a disincentive for the hard work needed by America West
pilots
> > > to make the expansion successful," Stadler concluded.
> > >
> > > Founded in 1931, ALPA is the world's oldest and largest pilot
union,
> > > representing 64,000 members at 42 airlines in the United States
and
> > > Canada, including nearly 1,700 pilots at America West Airlines.
Visit
> > > the ALPA website at http://www.alpa.org
 

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