Events · eTN Team · Advertising · Submit Articles · Subsribe to the eTurboNews Newsletter   

"Another Opportunity For Executives To Stuff Their Pockets"

Machinists respond to DOJ NWA-Delta ruling

By eTN Staff Writer | Oct 29, 2008

WASHINGTON, DC - The general vice president of the International Association of Machinists and Aerospace Workers (IAM), Robert Roach, Jr., today issued the following statement in response to the Department of Justice's approval of the Northwest Airlines-Delta Airlines merger.

"After eight years of disastrous economic decisions by the Bush administration, this comes as no surprise. It is another opportunity for executives to stuff their pockets at the expense of working-class Americans.

"Delta and Northwest management have separately bankrupted their individual airlines. Together, they will have more than $28.8 billion in combined debt and $15.6 billion in unfunded, pension liabilities that could be forced onto the American taxpayer if the airline defaults.

"The Machinists Union will fight to ensure that workers at the combined airline will be protected by the guarantees that can only be found in a union contract. The days when Delta could ride roughshod over their employees is coming to an end. Delta is creating the world's largest airline. The Machinists Union will make it the world's largest unionized airline."

The Machinists Union is the largest airline union in North America and represents 12,500 Northwest Airlines ground employees.



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <h1><h2><cite> <code> <ul> <ol> <li> <dl> <dt> <dd><img><span>
  • Lines and paragraphs break automatically.
  • Images can be added to this post.
  • You may insert YouTube videos with [youtube:ID]

More information about formatting options

CAPTCHA
This question is to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.