MatlinPatterson Global Opportunities Partners III acquired an 85% interest in Arrow Air Holdings in 2008
Guarantee is 55 hours for the first three full years and then ups to 60 hours
"We intend to modernize and expand Arrow's existing fleet by introducing B757's in late 2008 and A330's in early 2010 to facilitate the company's continued growth and improve the company's profitability."
Receiving five 757s
Check airmen receive $10/hr override
135 flights/week between Central and South America and the Caribbean
Arrow Air's main service area is the Caribbean and Central and South America
Returning 1 757 to lessor
This page last updated: Nov 4th, 2009 (quicktake)
120
Total
90
Active
30
Furlough
Teamsters
(amend. date unknown)
DC10:
5
757:
2
MIA
Not hiring. 30 pilots on furlough.
Pay for all new hires is $500/week training pay until passing the simulator p/c.
CASS participant.
Monthly guarantee: see note under Quicktake
Override $10/$6.50/$6.50 (Capt/FO/FE) per hour flown over 70
Most junior captain hired: 2004
Per Diem :
$1.30/hr (dom)
$1.80/hr (int'l)
[Paid out after 8 hrs away from base]
