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Article: USAir, Pilots Reach Tentative Accord; Contract Agreement Seen as Breakthrough for Troubled Airline
- Article from:
- The Washington Post
- Article date:
- May 7, 1992
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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USAir Group Inc. and its pilots union reached a tentative
agreement early yesterday on a four-year contract that would cut
salaries for a year to give the money-losing airline some breathing
room, but then would make the pilots among the highest paid in the
industry.
The agreement, which still must be ratified by the pilots, is a
major breakthrough for the airline - both because it is expected to
set the pattern for settlements with the other two USAir unions and
because it triggers pay and benefit cuts for noncontract workers at
USAir.
Arlington-based USAir, which has lost more than $700 million in
the past two years, is seeking to cut its costs by more than $400
million and had ...