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United Airlines and Pilots Union Reach Revised Agreement on Pay Cuts and Benefit Changes
The Washington Post; subscription may be required 
Jan. 20, 2005
Excerpt: Leaders of United Airlines' pilots union yesterday approved a revised cost-cutting agreement with the airline .... Details of the agreement were not released, but sources familiar with it said it calls for the pilots to accept about a 14 percent cut in pay and benefits, amounting to a $180 million annual savings for the airline. It also allows both sides to negotiate changes to the pilots' pension plan -- a highly contested issue -- later.
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