PHI CONTRACT HIGHLIGHTS

• IMPROVED SENIORITY SYSTEM

• IMPROVED WORKOVER SYSTEM

• IMPROVED JOB BIDDING PROCEDURES

• IMPROVED LAYOFF AND RECALL RIGHTS

• SEVERANCE PAY

• IMPROVED BEREAVEMENT LEAVE

• IMPROVED MOVING EXPENSES

• IMPROVED PILOT BONUSES

• SUBSTANTIAL WAGE INCREASES (27.5% FOR PILOTS NOT AT TOP OF PAY STEPS AND 20% FOR THOSE WHO ARE AT THE TOP OF THEIR PAY STEP. OVERALL INCREASES SINCE 1/1999 ARE 58%+)

• COMPRESS 35 YEARS TO 25 YEARS BEFORE A PILOT REACHES TOP OF THE IFR PAY SCALE.

• IMPROVED LANGUAGE FOR CHECK-RIDE FAILURES

• IMPROVED FACILITIES AND EQUIPMENT LANGUAGE

• IMPROVED LIFE INSURANCE AND AD&D COVERAGES

• IMPROVED ON-THE-JOB INJURY LANGUAGE

• GRIEVANCE AND ARBITRATION PROCEDURE

• UNION REPRESENTATION

• MODIFIED UNION SECURITY LANGUAGE

• JOINT LABOR/MANAGEMENT COMMITTEES THAT WILL ADDRESS PROBLEMS WITH LIVING CONDITIONS, SAFETEY ISSUES, IMPLEMENTATION/RESOULTION ISSUES AND SHORT-TERM DISABILITY CONCERNS

• THREE (3) YEAR CONTRACT (EFFECTIVE UPON RATIFICATION) WITH AN AMENDABLE DATE OF MAY 31, 2004)

1. AS NEGOTIATED BY OPEIU/LOCAL 108, ALL PILOTS WERE PLACED AT THEIR CORRECT PAY STEP ON JANUARY 1, 2001, AND GIVEN THEIR APPROPRIATE WAGE INCREASE DURING THE COURSE OF NEGOTIATIONS.