The Teamsters union is trying to block bankrupt Frontier Airlines’ new $75 million financing agreement with private-equity firm Perseus LLC, objecting to labor-cost cuts required by the deal.
The International Brotherhood of Teamsters, which represents 435 Frontier workers, including its mechanics, filed a motion Friday in bankruptcy court asking a judge to reject the agreement.
The Teamsters said Frontier is illegally trying to throw out existing labor contracts.
The agreement “is a blatant attempt to circumvent the strict requirements of (federal law). . . . Similar tactics have been rejected by bankruptcy courts and must be rejected in this case as well,” the Teamsters said in their motion.
Frontier spokesman Steve Snyder declined to comment on the negotiations because of a nondisclosure agreement.
