anonplz
Sep 26, 02, 9:43 am
CHICAGO (AP) -- Leaders of United Airlines' five employee unions say their members can live with wage and other concessions of $5 billion over five years -- but the carrier has been looking for about $9 billion over six years to help ease a tide of red ink and avoid bankruptcy.
At least one industry analyst said he's not sure the rank and file is being sufficiently generous.
``The management said they needed the full amount of cost cutting,'' said Ray Neidl, an airline analyst at Blaylock & Partners. ``I'm a little doubtful that there's room for much maneuvering.''
http://www.nytimes.com/aponline/business/AP-United-Labor.html
Well, that's a start.
At least one industry analyst said he's not sure the rank and file is being sufficiently generous.
``The management said they needed the full amount of cost cutting,'' said Ray Neidl, an airline analyst at Blaylock & Partners. ``I'm a little doubtful that there's room for much maneuvering.''
http://www.nytimes.com/aponline/business/AP-United-Labor.html
Well, that's a start.