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To: RealMuLan who wrote (19500)	12/24/2004 5:24:07 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

[Sounds like an awful Xmas gift]--"US Airways' Agents Approve a Pay Cut" Published: December 24, 2004 by Bloomberg News The customer service and reservation agents of the US Airways Group have approved a 13 percent pay cut and the elimination of some jobs to save the carrier $137 million a year and help avoid liquidation. The agreement was approved by 60 percent of the workers who voted, the Communications Workers of America said yesterday. The accord also reduces holidays and pension benefits, and offers as much as $20,000 to workers with at least five years' service who agree to leave the company early. Advertisement US Airways is trying to cut $1.5 billion in annual spending, including $950 million of labor costs, to compete with low-fare carriers and emerge from bankruptcy protection. The airline, which is based in Arlington, Va., has reached at least tentative agreements with all its unions except the machinists. "We would have done worse in bankruptcy court," said Chris Fox, president of a union local in Pittsburgh. "For our members, it was the best result possible. There are still a lot of unhappy people out there." The agreement takes effect Jan. 1 and runs until 2012. The airline has said in court documents that it plans to close one of its two United States reservation centers, in Pittsburgh and Charlotte, N.C. The number of jobs to be eliminated was not immediately released. nytimes.com