Financial Times FT.com

United reaches tentative deal with pilots

By Caroline Daniel in Chicago

Published: December 14 2004 21:38 | Last updated: December 14 2004 21:38

United Airlines, the bankrupt carrier, on Tuesday made its first progress in efforts to achieve a second round of labour cost cuts when it said it had reached a tentative agreement with its pilots union to save a further $191m a year.

Jean Medina, a company spokeswoman, said: "We are pleased we have a tentative agreement with the Airline Pilots Association on the cost savings the company needs to secure the exit financing necessary to restructure successfully."

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