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Monday, January 12, 2009

Pilots Approve Frontier Contract

The Frontier Airline Pilots Association (FAPA) ratified a long-term labor agreement with the airline, extending certain wage and benefit concessions through December 2011. Nearly 85 percent of votes cast were in favor of ratification. Of the 454 votes cast, 384 voted yes, only 70 voted no. FAPA represents more than 600 pilots at Frontier. The move, said the airline, paves the way for it to emerge from its second bankruptcy which happened last April.
"Our pilots once again have demonstrated their willingness to help Frontier's leadership move our airline toward sustainability and growth," said President and Chief Executive Officer Sean Menke. "This agreement is important because now 100 percent of our workers have made wage and benefit
concessions, a factor that will prove critical in attracting exit financing for our emergence from bankruptcy.”
The concessions call for pay to return to normal in 2012 after stiff step-down reductiosn that ease to seven percent after two years and four percent in mid-2011.