Aircraft technicians at Horizon Air ratify new four-year contract
Rhea-AI Summary
Positive
- 74% approval rate indicates strong workforce support for the new contract
- Increased wage scale and improved benefits package helps retain skilled technicians
- Contract provides stability for maintenance operations of 45 Embraer 175 aircraft fleet
- Agreement ensures continued reliable maintenance service across 55+ North American cities
Negative
- Increased labor costs may impact operating expenses
News Market Reaction
On the day this news was published, ALK gained 2.65%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Horizon's aircraft technicians are responsible for the maintenance of the carrier's fleet of 45 Embraer 175s.
"Our technicians and fleet service employees play a very important role in our operation. They're some of the best in the industry and do an incredible job of keeping our aircraft safe, reliable and clean," said Nathan Engel, Vice President of Maintenance & Engineering at Horizon Air. "We are grateful to the AMFA negotiating team for working with us to find solutions that not only work for our technicians, but position Horizon for the future."
"Thank you to AMFA14 members for your strong participation and patience during this process," said Chuck Clum, AMFA Local 14 Horizon Air Representative. "Your negotiating team was focused on reaching an agreement that benefits all of us today and moving forward."
Contracts in the airline industry do not expire. Once they become amendable, the current contract remains in effect until a new agreement is ratified.
With bases in
About Alaska Air Group
Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, with McGee Air Services a subsidiary of Alaska Airlines. With hubs in
View original content:https://www.prnewswire.com/news-releases/aircraft-technicians-at-horizon-air-ratify-new-four-year-contract-302447603.html
SOURCE Alaska Air Group