Posts: 1017
Joined: Fri Feb 09, 2001 8:45 am

UA Needs More Cuts

Sat Aug 10, 2002 9:29 am

From USA Today
United's chief financial officer says he doubts the carrier will get the $1.8 billion in government loan guarantees it's seeking without "broader and deeper" concessions from labor. The Air Line Pilots Association has agreed to concessions totaling $520 million over three years. United also cut management and salaried workers' pay $430 million over three years for a total of $950 million in labor-cost cuts. United might revise its application to improve its chances but wouldn't elaborate.
The TSA was created to make the post office look efficient!

Who is online

Users browsing this forum: 727LOVER, a320fan, AsiaTravel, AVENSAB727, Baidu [Spider], blink182, Deltran757, dennypayne, Google Adsense [Bot], johnberg, Planesmart, reality, rutankrd, southwest1675, Thenoflyzone, Yahoo [Bot] and 267 guests