Atlas Air Prevails in Court Ruling Against Pilot Union for Illegal Slowdown
July 08 2019 - 8:00AM
Atlas Air, Inc. and Polar Air Cargo Worldwide, Inc. (collectively,
“Atlas” or the “Company”), subsidiaries of Atlas Air Worldwide
Holdings, Inc. (Nasdaq: AAWW), today said that the U.S. Court of
Appeals for the District of Columbia has affirmed a federal
district court ruling that ordered the International Brotherhood of
Teamsters, the International Brotherhood of Teamsters, Airline
Division, and Local Union No. 1224 (collectively, the “IBT”) to
stop an intentional and illegal work slowdown by Atlas pilots in
violation of the Railway Labor Act (“RLA”). The unanimous ruling
from a three-judge panel blocks the union from continuing to engage
in improper activities such as excessive sick calls on short notice
or refusing to work overtime.
In denying the IBT’s appeal, the
Court of Appeals also affirmed the District Court’s decision
that the IBT must maintain the status quo under the
RLA and must continue to take affirmative action to prevent and to
refrain from any form of interference with the Company’s
operations.
“We are very satisfied with this unanimous
ruling from a three-judge panel, which affirms and sustains the
preliminary injunction that was entered into 2017,” said William J.
Flynn, Chief Executive Officer of Atlas Air Worldwide.
“It is unfortunate that we were compelled to
take this extraordinary step of seeking the underlying injunction,
but we needed to do so to protect the best interests of our
customers, our employees and our Company. Together with our pilots,
we remain focused on continuing to provide our customers the high
level of service they have come to expect.
“We value the hard work and dedication of our
pilots, and look forward to continuing negotiations for a joint
collective bargaining agreement in connection with our merger of
Atlas Air and Southern Air. We are committed to negotiating an
updated agreement that reflects the current market and the
significant role our pilots play in the success of our
Company.”
About Atlas Air Worldwide:
Atlas Air Worldwide is a leading global provider
of outsourced aircraft and aviation operating services. It is the
parent company of Atlas Air, Inc., Southern Air Holdings, Inc. and
Titan Aviation Holdings, Inc., and is the majority shareholder of
Polar Air Cargo Worldwide, Inc. Our companies operate the world’s
largest fleet of 747 freighter aircraft and provide customers the
broadest array of Boeing 747, 777, 767, 757 and 737 aircraft for
domestic, regional and international cargo and passenger
operations.
Atlas Air Worldwide’s press releases, SEC filings and other
information may be accessed through the company’s home page,
www.atlasairworldwide.com.
Contacts: |
Debora Coffey (Media) – (914) 701-8951 |
|
Dan Loh (Investors) – (914) 701-8200 |
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