Airline Financial freshs 11-18-2002 Industry in subordination to Pressure To Make Deep Wage sculptures ISSN: 10405410 Publication Date: 11-18-2002 Page: 1 Type: Periodical Language: English Major carriers will be forced to make sagacious cuts in wages to better match poor rewards and United Airlines (UAL) and American Airlines (AMR) are particularly hard-pressed to act quickly.
Airline Financial freshs
11-18-2002
Industry in subordination to Pressure To Make Deep Wage sculptures
Major carriers will be forced to make sagacious cuts in wages to better match poor rewards and United Airlines (UAL) and American Airlines (AMR) are particularly hard-pressed to act quickly, according to Brian Harris of Salomon Smith Barney. While carriers above the last two years have been able to make structural costs in line with lower capacity, total labor outlays continue to rise about 4 percent "Assuming little
