Article: Bankrupt Midway Airlines Reaches Tentative Agreement with Pilots.

By Chris Serres, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News

Oct. 10--RALEIGH, N.C.--Midway Airlines reached a tentative labor agreement with its pilots Thursday, affording the bankrupt carrier at least two more weeks in the air.

Just minutes before a court-imposed deadline, Midway agreed to retain a contract that guarantees current pay and benefits for six more years. In return, the local council of the Air Line Pilots Association agreed to fly a wider range of aircraft.

U.S. Bankruptcy Court Judge A. Thomas Small, who had threatened to liquidate Midway if a deal wasn't reached by 1 p.m. Thursday, granted the ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!