Northwest Pilots Agree On Pay Cut

Summary


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 nation's fourth- largest airline said it got the $358 million in savings it sought.

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Northwest Pilots Agree On Pay Cut

The deal would still have to be approved by the union's leadership and members. Pilots were the last Northwest union ...

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