Bankruptcy Judge Approves Pay Cuts for Comair Workers
Delta Air Lines Inc.'s commuter carrier won a bankruptcy judge's approval to cut wages for flight attendants and mechanics and end contributions to their pension plans.
U.S. Bankruptcy Judge Adlai Hardin Jr. in White Plains, N.Y., on Friday authorized Comair Holdings to impose hourly wage cuts of 7.5 percent for the cabin crews and 2 percent for the maintenance workers. Hardin also approved an increase in contributions to workers' 401(k) plans costing $156,000 a year.
Comair, based in Cincinnati, had previously reached agreement with unions on the cuts. The carrier filed for protection from creditors with Atlanta-based Delta in September 2005. The latest cuts will save Comair about $8.9 million in 2007, according to documents filed by its lawyers.
Comair operates more than 800 flights a day to 103 cities in the U.S., Canada and the Bahamas, according to court papers.
Copyright 2005 LexisNexis, a division of Reed Elsevier Inc. All rights reserved.
Terms and Conditions | Privacy Policy
News stories provided by third parties are not edited by "Site Publication" staff. For suggestions and comments, please click the Contact link at the bottom of this page.
