LOUISVILLE, KENTUCKY - After more than a year of negotiating, UPS and union officials struck a tentative contract agreement Tuesday that could make the company's aircraft mechanics some of the highest paid in the industry. <br>
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The five-year contract would be retroactive to August 1, 2001 and remain in effect until November 1, 2006. <br>
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It covers 1,140 aircraft mechanics, flight simulator technicians, utility workers and maintenance controllers working for UPS Airlines. <br>
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Teamster Local 2727, which represents the aircraft mechanics, must still vote on the deal. <br>
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A spokesman for UPS Airlines in Louisville, Kentucky, Mark Giuffre, said ``The contract is an industry leading contract that makes the mechanics the highest paid in the industry.'' <br>
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He said in the contract's final year, some aircraft mechanics would earn the top rate of $43 per hour. <br>
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Giuffre said the contract also includes enhancements to pension plans and health benefits, although he did not have additional details. <br>
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The biggest obstacles had been wage progressions, new-hire wage rates, retiree medical coverage and pension and 401-k benefits, according to documents. <br>
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UPS, based in Atlanta, is the world's largest transportation company.
http://accesswdun.com/article/2002/9/190295
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