United Airlines Pilots Approve Pay Cut to Avoid Job Losses
- Union deal safeguards almost 4,000 posts at least until June
- Company now plans nearly 12,000 layoffs without new U.S. aid
Photographer: Angus Mordant/Bloomberg
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United Airlines Holdings Inc.’s pilots agreed to accept lower minimum pay guarantees to prevent almost 4,000 of their members from being put on furlough.
The pact with United won 58% support in a vote by union membership, the Air Lines Pilots Association said Monday. The airline had sought to cut costs while avoiding pilot layoffs because of the expense and training involved in calling them back to work when travel demand rebounds.