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March 29, 2005
Key Contract Vote at Continental
Continental's fortunes rest in the hands of its employees for now.
Using the language of a company with its back against the wall, the airline said that failure to ratify the tentative agreement would mean asking for even more pay and benefit cuts from its workers that could send ripples throughout the industry.
Voting began in mid-March and will end March 30 with results expected Wednesday afternoon. The new 45-month contract would go into effect as of April 1.
The leadership of the Air Line Pilots Association, International Association of Machinists, Teamsters and Transport Workers Union have endorsed the new deals.
Continental Airlines declined to comment ahead of the results.
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Posted on March 29, 2005 08:56 PM by contin128.
Filed in Travel Blog under continental airlines.
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