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United Airlines may consider furloughs

Chicago, USA - Many workers have already a contract in danger

United Airlines Chief Operating Officer, Pete McDonald, on Monday said employee furloughs could not be ruled out given the high price of jet fuel. Jet fuel is the airline industry's second-biggest operating expense after labor, making up between 12 percent and 14 percent of airlines' operating costs. Many airlines have found themselves in a precarious spot as fuel prices soar. Several carriers have...

AVIONEWS - World Aeronautical Press Agency - 63809
Rome, Italy, 05/26/2004 18:53
AVIONEWS - World Aeronautical Press Agency

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