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Airline Industry #293092

CBS Evening News for Wednesday, Sep 07, 1983
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(Studio) Republic Airlines reported reaching tentative contract agreements with union; general slump in airline industry in recent months noted.
REPORTER: Dan Rather

(Minneapolis, Minnesota) Republic Airlines' request that employees such as Collette Rodgers take pay cut in effort to salvage company noted. [RODGERS - acknowledges declining passenger loads.] Econ. factors affecting airline industry detailed. [Republic president Daniel F. MAY - feels labor cost cuts are last option.] [WORKER - agrees.] Similar plight of Trans World Airlines, Inc. (TWA) noted. [TWA employee Gladys BEARD - would rather take pay cut than lose job.] TWA's possible cancellation of losing domestic routes mentioned. [TWA vice president Jerry COSLEY - feels like company is up against wall.] [PEOPLE - comment.]
REPORTER: Ned Potter

Reporter(s):
Potter, Ned;
Rather, Dan
Duration:
00:02:10

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