5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Pilots’ union reaches deal with Taiwan’s Eva Air, averting strike

by
January 29, 2024
in Stock
0
Pilots’ union reaches deal with Taiwan’s Eva Air, averting strike

TAIPEI — A pilots’ union late on Sunday reached a deal with Taiwan’s Eva Airways to avert a strike that had been threatened over the crucial Lunar New Year holiday in a dispute over salaries and working conditions.

Taoyuan Union of Pilots said last week its members had voted to authorize a strike after accusing Eva of not raising salaries enough and employing too many foreign pilots. The union, which represents mostly long-haul pilots, had raised the prospect of striking over the week-long Lunar New Year holiday starting next month.

After talks facilitated by the government, the union said it had reached a four point agreement with the airline, with Eva agreeing to raise salaries and only hire foreign pilots if there is a “special need”.

Eva, in a statement to the Taiwan stock exchange, said it had reached a “consensus” with the union and confirmed it had signed the agreement.

Eva shares rose more than 5% on Monday morning, compared with a flat broader market.

Employee salaries and benefits will continue to be improved in the future, the airline added in a separate statement.

Vice Premier Cheng Wen-tsan witnessed the signing of the agreement, Taiwan’s transport ministry said.

Eva, best known internationally for the Hello Kitty livery on some of its jets, operates flights to many destinations around Asia as well as to North America, Europe. and Australia. It is Taiwan’s second-largest carrier after China Airlines. — Reuters

Previous Post

Philippines and US intend to hold ‘2-plus-2’ meeting in March, envoy says

Next Post

Malaysia ex-finance minister charged with failing to declare assets

Next Post
Malaysia ex-finance minister charged with failing to declare assets

Malaysia ex-finance minister charged with failing to declare assets

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    FDI net inflows slump to 3-month low

    FDI net inflows slump to 3-month low

    June 10, 2025
    Philippine IT-BPM industry expected to outpace global growth

    Philippine IT-BPM industry expected to outpace global growth

    June 10, 2025
    SEC chief wants GOCCs to list on stock market

    SEC chief wants GOCCs to list on stock market

    June 10, 2025
    Tourism projected to contribute P5.9T to Philippine GDP

    Tourism projected to contribute P5.9T to Philippine GDP

    June 10, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.