World Airways (1948) (Atlanta Hartsfield Jackson) is facing more obstacles in its bid to exit bankruptcy after talks with Teamster representatives of the airline's flight attendants and pilots failed to yield an agreement on concessions the carrier was seeking. The Teamsters Airline Division represents approximately 80,000 workers in all segments of commercial aviation, including pilots and flight attendants. In its November Chapter 11 filing, World said it was taking steps to align its cost structure with the realities of market demand and would accordingly reduce its workforce by about 16%. However, in its statement, the union said, “While the Teamsters remain committed to finding some way forward with the management of World Airways, our members have spoken loud and clear that we cannot make more concessions without assurances that sacrifices will be shared equally among stakeholders and that the sacrifices will be remembered and honored should the company return to profitability,” said David Bourne, Director of the Teamsters Airline Division. “So far, the company has been unwilling to give us such assurances. Moreover, the company has failed to provide up-to-date information about their business plans, or solid accounting supporting their requests for concessions.” This round of concessionary negotiations marks the second time Teamsters-represented Pilots and Flight Attendants were asked to cut wages and benefits. No further negotiations are scheduled at this time.
Talks between World Airways and FA, pilot unions collapse
World Airways McDonnell Douglas MD-11,
© Tis Meyer / PlanePics.org