JetBlue pilots, represented by the Air Line Pilots Association, Int’l (ALPA), responded today to JetBlue Airways’ third-quarter earnings statement as their pursuit for a market-rate contract continues.
JetBlue (NASDAQ: JBLU) reported $293 million in earnings for the third quarter, or a 16.2 percent pretax margin. This marked JetBlue’s 30th consecutive quarter of profitability. Despite this, the company has been unwilling to share these profits with the pilots, proposing pay rates that would keep the pilots among the lowest-paid in the industry.
“JetBlue pilots have played a vital role in the company’s continued success,” said Capt. Patrick Walsh, chairman of the JetBlue unit of ALPA. “Our peers at other airlines enjoy significant pay-rate increases, both at the table and through outside agreements. Though JetBlue is consistently among industry leaders in profitability, our pilots trail in pay and benefits.”
“After almost three years of negotiations, it’s time for management to invest in the pilots,” said Capt. Walsh. “This company pays market rate for fuel, planes, maintenance, and gates. It’s time it paid market rate for its pilots.”
Founded in 1931, ALPA is the world’s largest pilot union, representing more than 58,000 pilots at 33 airlines in the United States and Canada, including the more than 3,500 pilots of JetBlue Airways. Visit the ALPA website at www.alpa.org or follow us on Twitter @WeAreALPA.