Air Transport Services Group, Inc. (NASDAQ: ATSG) said today that pilot employees of its ABX Air, Inc. subsidiary have voted in favor of an amendment to their Collective Bargaining Agreement with ABX Air.
ABX Air’s pilots are represented by the Airline Professionals Association of the International Brotherhood of Teamsters, Local 1224 (IBT).
“This affirmative vote demonstrates a renewed sense of unity at ABX Air, paving the way for us to work together toward our shared goals of growth and superior customer service,” ABX Air President David Soaper said. “I want to express my appreciation to the leadership and members of Local 1224 for their endorsement of this amended agreement. It represents a crucial step as we pursue future growth opportunities for our airline.”
The amended agreement will become effective January 1, 2021, and amendable six years thereafter. Terms of the amended agreement were not disclosed by ABX Air.
Lawrence W. Kellner to Become Chairman of the Board
New Leadership to Bring Renewed Commitment to Transparency and Better Communication With Regulators and Customers in Safely Returning the 737 MAX to Service
Boeing [NYSE: BA] announced today that its Board of Directors has named current Chairman, David L. Calhoun, as Chief Executive Officer and President, effective January 13, 2020. Mr. Calhoun will remain a member of the Board. In addition, Board member Lawrence W. Kellner will become non-executive Chairman of the Board effective immediately.
The Company also announced that Dennis A. Muilenburg has resigned from his positions as Chief Executive Officer and Board director effective immediately. Boeing Chief Financial Officer Greg Smith will serve as interim CEO during the brief transition period, while Mr. Calhoun exits his non-Boeing commitments.
The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders.
Under the Company’s new leadership, Boeing will operate with a renewed commitment to full transparency, including effective and proactive communication with the FAA, other global regulators and its customers.
“On behalf of the entire Board of Directors, I am pleased that Dave has agreed to lead Boeing at this critical juncture,” Mr. Kellner said. He added, “Dave has deep industry experience and a proven track record of strong leadership, and he recognizes the challenges we must confront. The Board and I look forward to working with him and the rest of the Boeing team to ensure that today marks a new way forward for our company.”
Mr. Calhoun said, “I strongly believe in the future of Boeing and the 737 MAX. I am honored to lead this great company and the 150,000 dedicated employees who are working hard to create the future of aviation.”
Alstom will provide new cars for service to the enlarged Line E of Buenos Aires City metro, which represent a notable improvement for the metro cars of this line and an increase in passengers comfort.
The modernized cars of the series 100 produced by Alstom are incorporated into this line in which around more than 100,000 passengers travel per day, from the Plaza de los Virreyes station to Retiro in the centre of Buenos Aires. This modernization is in addition to the installation and validation of the signalling system in the three new stations of the E Line, completed successfully at the beginning of June.
Those metro cars are subject to a general review after 15 years to ensure their safety and efficiency. This “half-life” maintenance includes the disassembly, polishing, cleaning, profiling and painting or absolute replacement of all cars pieces and parts that are sent to Los Hornos workshop, in Las Plata. In that, full repair and maintenance’s are done by fifty professionals and workers, mostly from the same city, who works daily in the renovation of the cars that are part of the Buenos Aires metro network.
“The modernization of these series 100 cars for Line E is another proof of the enormous efforts that Alstom makes daily in its factory of Los Hornos to improve the travel´s quality of the thousands of users of the Buenos Aires city metro. To this we must add the activities that we have carried out recently in the expansion of Line E, with the incorporation of our state-of-the-art signalling system. We are proud of our customer’s trust in our experience, and we continue to bet on transforming the Argentine transport system” says Ernesto Garberoglio, General Director of Alstom Argentina.
Alstom has been present in Argentina since 1993, maintaining its presence over the years, which demonstrates a strong commitment to the country and its inhabitants. Dedicated to the transport sector on rails, it provides products and services to the metro operator of the City of Buenos Aires (Metrovías) and to the owner of the metro infrastructure (SBASE). It also has projects with Argentine Railways Infrastructure (formerly ADIFSE) and with the Railway Operator State’s Society (SOFSE) in the implementation of technological solutions for passenger and commercial transport.
