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Old 3rd Aug 2010, 21:18
  #1168 (permalink)  
BillS
 
Join Date: May 2003
Location: UK
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After 90 years of operation another "national" airline
has proposed salary cuts of 41 percent and 39 percent for pilots and flight attendants, respectively, and a 40 percent staff reduction to keep the company afloat
as it files for bankruptcy protection.
Perhaps some BASSA reps might find something to do there.

edit:
Perhaps this is their long term plan:
stockholders have offered to sell CMA to its unions for the token sum of $1 peso, proving them convinced of the vital role these labor organizations will play in the future of the company. As the only entities capable of turning the situation around, CMA’s management have stated that it would be willing to transfer control of the airline to its unions.

Last edited by BillS; 3rd Aug 2010 at 21:45. Reason: added company press release
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