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LANCHILE SIGNS LONG-TERM AGREEMENT WITH THE LANCHILE PILOT UNION

SANTIAGO, LanChile S.A. announced that "it has signed a new four-year contract with the 111 pilots who form the LanChile Pilot Union. This new contract, scheduled to expire on November 30, 2005, comprises a 2% annual real increase in salaries with other adjustments in variable bonuses linked to productivity and company profitability. Included in the contract are some "quality of life" adjustments such...

AVIONEWS - World Aeronautical Press Agency - 20740

AVIONEWS - World Aeronautical Press Agency
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