Northwest hopes its filing with the bankruptcy court yesterday to reject all of its current labor agreements if the groups don't agree to new terms will jumpstart negotiations as management said it needs to cut its annual labor costs quickly by $1.4 billion. The Section 1113(c) motion details the carrier's financial state as well as proposed wage and benefit cuts. If and when the judge approves the motion, a deadline as early as mid-December could be set for all unions to agree to ...
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