UAL board approves pilots, attendants deals

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Looks to me that the IAM will take another airline down.
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UAL board approves pilots, attendants deals=20
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Tuesday November 12, 7:59 AM EST=20


CHICAGO, Nov 12 (Reuters) - United Airlines parent UAL Corp. (UAL
<http://money.excite.com/jsp/qt/full.jsp?time=3D0&symbol_search_text=3DUA=
L>
) said Tuesday its board of directors and labor committee have approved
the two tentative agreements negotiated by the pilots and flight
attendant unions for wage cuts.

Rank-and-file members of both unions also have to ratify the deals,
which were hammered out between management and their master executive
councils. Flight attendants over the weekend agreed to cut wages by $412
million, and pilots recently agreed to $2.2 billion in cuts, both over a
period of 5-1/2 years.

The deals are designed to help No. 2 U.S. carrier United Airlines win
federal backing of a $1.8 billion loan and avoid filing for Chapter 11
bankruptcy protection. The International Association of Machinists still
has not reached an agreement with United.=20


=A92002 Reuters Limited.=20

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