The investment pays off for employment in Alabama
When David Bronner approved a loan of several million dollars to Retirement Systems of Alabama the owner of a small newspaper in Kentucky, part of the agreement, the newspaper that the mother to move its headquarters to Alabama .
Bronner, Chief Executive of the Alabama pension funds, do not go so far if the retirement system bought control of U.S. Airways this year. The company maintains its headquarters in Virginia in the Potomac River in Washington.
But Alabama continue to benefit Bronner decision to invest $ 240 million to help save bankrupt U.S. Airways. If the constant dust last spring, Bronner, has been president of the U.S. Airways board, and entry into the pension system has held eight of 15 seats on the council. It has a 36.6 percent share of the company and 70 percent of the vote.
Bronner also clear that he expected concrete benefits for Alabama.
“I think the more the state can, financially, plus the pension system,” said Bronner, according to the Atlanta Journal-Constitution.
It did not last long, until the benefits begin to flow.
In January, U.S. Airways has officially informed the international airport in Tampa, he was walking from his lease contract on its $ 27 million, 150000 square feet of hangars. He had already stopped their activities, against a fee of 300 jobs that paid $ 50000 each.
If the time is ripe to begin in October the draft revision of 10 U.S. Airways Airbus A319, the company said it had not sheds, to do the job too.
For mobile aeronautics and space, Mobile, Ala.
The International Association of Machinists, whose members-Service U.S. Airways aircraft, fault and shouted the case before the Federal Court in Pennsylvania. The court granted a temporary injunction halted that work at two levels in the installation of Alabama. The case is still in space not right, even if maintenance work every 10 planes must be done until the end of the year.
The company said a “lack of organisms” allows it to work on a nonunion contractors. While it might seem that U.S. Airways has gone away from Tampa-Wartungshalle to strengthen their “lack institutions” argument that Union not only the fee.
“We threw a glance U.S. Airways’ maintenance requirements and our ability to meet these needs, and without the installation of Tampa, we have the space to do the job” of the Union, “said Joe Tiberi.
U.S. Airways has the closure of the hangar was simply one way of reducing the costs of the company to bankruptcy. There was no ulterior motive, Airline officials said.
“We concluded the introduction of Tampa, because we had to have a plan, was acceptable, that the agent, if we hope that the bankruptcy,” Airline spokesman said veteran David Castel.
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