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Old 7th Jan 2005, 22:50
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Flexable
 
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Judge rejects UAL deal with pilots

Bankruptcy court says United Airlines' parent company cannot cut pay by 14% and terminate pensions.
January 7, 2005: 12:31 PM EST


CHICAGO (Reuters) - A federal bankruptcy judge Friday rejected an agreement between UAL Corp. and its pilots union that would have let bankrupt United Airlines cut pilots' pay by 14 percent and terminate their pension plans.

http://money.cnn.com/2005/01/07/news...0/united.reut/
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