Labour unions ready to Jet set!

They have been facing the wrath of luck for the last six years. Now however the US airline labour unions are all set to retrieve their lost wages & the power they previously enjoyed. The labour unions are hopeful as some of the airliners are on the way to recovery & some even mulling manpower expansion. All major airliners had adopted the retrenchment route after they nearly went bankrupt due to rising fuel prices & competition. Delta for example had cut 6,000 jobs & United reduced wages & brought down its workforce by 25%. Northwest saved around $1.4 billion by cutting labour costs. Contracts with various labour unions were declared void as well. Analysts are of the view that after this long struggle, the labour unions have emerged as better negotiators. With airlines coming under fire because of complaints relating to being understaffed, the unions are sure to be at a better bargaining position.

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Source: IIPM Editorial, 2006

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