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Old 28th Mar 2003, 21:10
  #82 (permalink)  
Airbubba
 
Join Date: Jun 2001
Location: Rockytop, Tennessee, USA
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Looks like the UAL TA has a 30% cut in pre-bankruptcy book rates with a lot of work rule concessions.

B744 and 777 rates will be old 777 rates minus 30%.

It would be a six year contract with yearly 1.5% increases in 2006-2009.

Medical, vacation, retirement all reduced and based on lower rates.

TA includes provisions for "me too" and "fairness" adjustments (no, I'm not joking).
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