Nycfly75
2006-03-03, 04:47 PM
Northwest Airlines pilots reach tentative pact
Agreement major step toward ending showdown that threatened airline
BREAKING NEWS
The Associated Press
Updated: 3:35 p.m. ET March 3, 2006
MINNEAPOLIS - Pilots reached a tentative pay-cut deal with Northwest Airlines Corp. on Friday, a major step toward ending a showdown that put the bankrupt airline’s future in doubt.
The Northwest branch of the Air Line Pilots Association announced the agreement but didn’t release details.
The deal would still have to be approved by the union’s leadership and members. The union said its leaders would meet Friday night to consider the agreement.
Pilots were the last Northwest union without a deal.
Northwest had been seeking to reject its contract with pilots if they didn’t agree to pay cuts and changes in work rules. Intense negotiations took place in New York all week. The stakes rose on Wednesday, when a judge could have ruled on Northwest’s request but chose to wait to give negotiators more time.
The bankruptcy law would have allowed Northwest to impose its terms even without the judge’s ruling, but pilots threatened to strike if that happened. Northwest has said a strike could have killed it.
More details to follow...
© 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
© 2006 MSNBC.com
URL: http://www.msnbc.msn.com/id/11658148/
Agreement major step toward ending showdown that threatened airline
BREAKING NEWS
The Associated Press
Updated: 3:35 p.m. ET March 3, 2006
MINNEAPOLIS - Pilots reached a tentative pay-cut deal with Northwest Airlines Corp. on Friday, a major step toward ending a showdown that put the bankrupt airline’s future in doubt.
The Northwest branch of the Air Line Pilots Association announced the agreement but didn’t release details.
The deal would still have to be approved by the union’s leadership and members. The union said its leaders would meet Friday night to consider the agreement.
Pilots were the last Northwest union without a deal.
Northwest had been seeking to reject its contract with pilots if they didn’t agree to pay cuts and changes in work rules. Intense negotiations took place in New York all week. The stakes rose on Wednesday, when a judge could have ruled on Northwest’s request but chose to wait to give negotiators more time.
The bankruptcy law would have allowed Northwest to impose its terms even without the judge’s ruling, but pilots threatened to strike if that happened. Northwest has said a strike could have killed it.
More details to follow...
© 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
© 2006 MSNBC.com
URL: http://www.msnbc.msn.com/id/11658148/