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International Brotherhood of Teamsters

Financial Transparency & LM Reporting

Official International filings, what the national per-capita structure shows, and carrier-focused financial visibility for NetJets, Republic, and Sun Country.

Financial Disclosures

IBT finances should be read in layers. The International books the top-level per-capita system and national disbursement categories, while the airline-facing representation for the carriers reviewed here sits at the local level rather than in a CWA-AFA-style sector structure.

That structure creates a distinct transparency limit. The strongest national financial story is visible at the International, but the carrier-facing local story can be much harder to isolate because local annual reports often mix airline and non-airline activity.

How the Money Flow Works

The IBT International LM-2 shows that the union’s main recurring labor-organization income at the national level is per-capita tax rather than direct dues and agency fees. Carrier-facing representation then sits in affiliated local bodies rather than in a national flight-attendant sector treasury.

The IBT public record is therefore not a simple carrier-by-carrier dues ledger. It is a national per-capita system on top of local treasuries, which means airline-specific money trails can be visible only indirectly.

Official Filings

The International’s LM-2 is the right place to show the top-level scale of the union. It is not the place to measure what NetJets, Republic, or Sun Country flight attendants receive directly, but it does show the size of the national per-capita system and the scale of top-level representational spending.

IBT National Headquarters

At the International level, the dominant national money story is per-capita tax rather than direct dues. That is why the carrier-level financial picture has to be sought in the local layer rather than inferred directly from the International totals.

Carrier Groups and Local Visibility

The three airline groups reviewed here are NetJets, Republic, and Sun Country. Of those three, Sun Country currently has the clearest independently verified official local annual filing in the public record reviewed here.

For NetJets and Republic, this page stays conservative. The absence of a current official local annual filing in this review does not prove the local layer does not exist; it only means the local financial trail has not yet been independently surfaced here from official non-union sources.

NetJets

NetJets is one of the carrier groups represented through the Teamsters structure, but a current official local annual filing tied specifically to NetJets flight attendants was not independently surfaced from official non-union public sources.

Current limit: the public financial trail is not yet strong enough here to turn NetJets into a clean return-per-dues-dollar case study the way Sun Country can be approached through Local 120.

Republic Airways

Republic is one of the Teamster-represented airline properties under review, but a current official local annual filing tied specifically to Republic flight attendants was not independently surfaced from official public sources.

Current limit: the public financial trail is stronger on the corporate-merger side than on the carrier-specific local-finance side.

Sun Country Airlines

Sun Country is the clearest current local-level example in this review because an official local annual filing is available for Teamsters Local 120.

Current Local 120 Signals

Local 120 is useful precisely because it shows the limit of the public record: it is clearly a substantial local treasury, but it is not a Sun Country-only balance sheet, so it cannot be read as a pure flight-attendant service-return scorecard.

How local funds appear to reach bases: the official Local 120 filing is still one local-union treasury rather than a set of separately reported airline base treasuries. That means any base-level service is being publicly reported through one local filing, even if the internal assignment of work is less visible.

Republic / Mesa Joint Representation Arrangement

The most visible public development here is the Republic / Mesa corporate merger itself. Republic Airways announced the merger agreement on April 7, 2025 and announced completion of the merger on November 25, 2025.

What the public company materials do not disclose is any union cost-sharing formula, reimbursement agreement, or direct inter-union transfer arrangement connected to Republic / Mesa bargaining. That means the joint-representation question may be publicly discussed elsewhere, but the financial allocation method is not visible in the official materials reviewed here.

Important Limit

Unlike CWA-AFA’s sector-wide structure, the Teamster airline groups reviewed here do not present themselves in the public record as one national flight-attendant treasury. The International filing is clear, but the local layer is unevenly visible and often broader than the airline group under review.

The cleanest current IBT financial story is: International per-capita structure at the top, then local-level carrier representation where an official annual filing can be independently verified, with the reminder that the local treasury may still combine airline and non-airline activity.