Mesaba cleared to cut wages

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Post by munna » Thu Oct 19, 2006 4:29 pm

U.S. Bankruptcy Judge Gregory Kishel on Monday allowed Mesaba Airlines to impose steep wage, benefit and other cuts starting Wednesday on about 1,100 employees, a step the airline says is necessary for its survivalMesaba can scrap its existing contract with its unionized pilots, flight attendants and mechanics and impose new terms to reduce its annual labor costs by 17.5 percent over four years, longer if its fleet grows to 79 or more planes.To know more click:>


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