Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Viable alternatives to Air NZ cuts - unions

December 6, 2005

Viable alternatives to Air NZ cuts - unions

The unions representing 617 Air New Zealand aircraft engineers facing redundancy say that their investigations show there are viable alternatives to the company’s plans to out-source heavy engineering overseas.

Engineering, Printing and Manufacturing Union national secretary Andrew Little said that top Auckland financial consultants Michael Stiassny and Brendon Gibson of Ferrier Hodgson analysed the situation on behalf of the unions and had come up with a viable alternative.

“The details of our proposal will be presented to Air New Zealand on Thursday,” he said, “but it is clear that simply closing the heavy maintenance operation down and shipping the work overseas is not the only option.”

Mr Little said that the unions’ key message to the company and its major shareholder, the New Zealand Government, was that the future of such a crucial piece of New Zealand infrastructure should not be decided lightly.

“The engineering expertise at Air New Zealand is world-class, the peak of the engineering industry in New Zealand,” he said.

“If we let it go we will never get it back. This decision is too important to our future to be rushed, and we will be asking Air New Zealand and the government to take the time necessary to make the best decision.”

Mr Little said that the workers were prepared to be flexible about pay and conditions.

“We have held a series of meetings with members this week to outline possible changes to employment conditions, and have received a mandate to go ahead and talk to the company,” he said.

The full proposal will be presented to Air New Zealand in Auckland on Thursday.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news