Financial Times FT.com

United and US Airways reach key labour deals

By Dan Roberts in New York

Published: January 6 2005 18:12 | Last updated: January 6 2005 18:12

The battle for survival among traditional US airlines intensified on Thursday as the second and seventh biggest carriers took fresh steps to avoid liquidation.

United Airlines and its smaller rival, US Airways, which are both trying to emerge from bankruptcy protection, reached separate agreements to cut costs by jettisoning employee pensions.

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