April 25, 2008
ExpressJet Labor Union Leaders Voice Need for Participation by Employee Stockholders
HOUSTON (25 April 2008) — The leaders of ExpressJet Airlines’ employee labor unions met today in Houston and discussed the implications of ExpressJet’s rejection of the recent Skywest stock buyout offer. They agreed unanimously that no action should be taken by ExpressJet management without input from all the stockholders—including the company’s employees.
Representatives of the Air Line Pilots Association, Int’l (representing ExpressJet pilots), the Transport Workers Union of America (representing ExpressJet dispatchers), the International Association of Machinists and Aerospace Workers (representing ExpressJet flight attendants) and the Teamsters (representing ExpressJet mechanics) recently began holding regular “Labor Summits” to explore areas of mutual concern and mutual support.
The overriding concern at this meeting was that any negotiations by ExpressJet with another company about a possible merger or buyout include representatives from the employee groups from the beginning. The representatives emphasized that the thousands of ExpressJet employees who have dedicated themselves to the success of ExpressJet should have a voice in any negotiations about the company’s future—which is their future.
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Contact: James H. Moody