StarBulletin.com

Hawaiian pilots vote on pact


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POSTED: Wednesday, January 06, 2010

Hawaiian Airlines' pilots began voting yesterday on a new five-year, eight-month contract that includes pay raises up to 20.6 percent, plus profit sharing, under new details disclosed by the Air Line Pilots Association.

The pilots will receive a 6.1 percent increase on the date of signing, plus 6 percent after 14 months, 4.5 percent after 28 months, 2 percent after 42 months and another 2 percent after 56 months. There also is a potential 0.5 percent profit-sharing increase. In addition, company retirement contributions would increase to 19.4 percent per year for pilots whose pensions were frozen and replaced with a defined contribution plan when Hawaiian exited bankruptcy in 2005.