Doug Steenland
Doug Steenland
achieve action agreement bush continue contract custodians customers days decision diligently efforts job next plans president reach strike travel
The decision by President Bush assures our customers that for at least the next 90 days their travel plans will be unaffected while we continue our efforts to reach agreement on a new contract for our mechanics, cleaners and custodians and that no strike or other job action is imminent. We will be working diligently to achieve a new contract during this period.
contract strike
When the strike began, the contract was terminated.
attain costs exploring issue labor needed open options remain resolve savings various
We remain open to exploring various options to attain the needed labor costs savings but we need to resolve the issue quickly.
invest operate
To operate at a profit, we must invest in these aircraft, and we must do so quickly.
agreements billion costs labor leaders order reach reduce union
We are in intensified negotiations with union leaders in order to reach consensual agreements that reduce labor costs by $1.4 billion annually.
chapter compete costs developed lower northwest outside plan
Northwest must significantly lower its costs to compete with other carriers. We had developed a plan ... outside of Chapter 11 and have been implementing that plan.
billion goals overall profit realizing result
Realizing these goals will result in $2.5 billion in overall profit improvement.
clearly northwest results
Our third-quarter results clearly demonstrate the need for Northwest to restructure expeditiously.
airline changed chapter compete complete costs ensure filing industry lower means northwest quickly
As we have consistently stated, the airline industry has changed permanently. Northwest must significantly lower its costs to compete with other carriers. By filing for Chapter 11 now, we ensure that we have the means to complete the transformation of Northwest quickly and effectively.