A spokesman for Frontier Airlines today confirmed that the company’s plan for temporary wage and benefit reductions calls for pay cuts ranging from 1 to 10 percent depending on an employee’s pay.
The carrier, which is seeking to reduce its costs as it works through Chapter 11 bankruptcy, is asking employees to agree to the pay cuts as well as other benefits changes, including the elimination of a 401(k) match, according to a memo issued to employees by Frontier CEO Sean Menke.
Frontier’s pilots and dispatcher’s unions have tentatively agreed to the cuts, but they must still be ratified, said Frontier spokesman Steve Snyder.
The Teamsters union, however, said Wednesday it had broken off talks with the carrier because it is seeking a “golden parachute” for top management.
Snyder said today that Frontier would continue to talk to the Teamster’s union.
Most of Frontier’s employees are non-union.
