We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Judge OKs Incentive Deal for Mesaba Execs

Law360 (January 25, 2006, 12:00 AM EST) -- In a blow to Mesaba Aviation’s rank and file workers, a federal bankruptcy judge has ruled that the struggling regional carrier can proceed with a plan that would offer executives millions of dollars in proposed incentives and severance benefits.

Mesaba’s mechanics, flight attendants, and pilots blasted the proposal earlier this week, descrying the plan’s “inequity.”

At a time when many employees are being asked to take pay cuts of 20%, the unions feel the promise of executive bonuses seems unfair.

"This is the same double standard...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.