Trans World Airlines and its major union representing flight attendants, mechanics, ramp workers and passenger service personnel, have reached a tentative agreement on a new contract.
The terms of the new labour pact have not been disclosed, but it is understood to include increased wages and benefits. The deal follows TWA's "final offer" last month. The new agreement is being presented to union members, and the International Association of Machinists has urged its membership to ratify it.
TWA, which has not made a profit in a decade, has survived two trips to the bankruptcy court in the 1990s, largely because of union concessions.
Source: Flight International