Frontier Unions Agree To Temporary Pay Cuts

Law360, New York (May 22, 2008, 12:00 AM EDT) -- Two employee unions of Frontier Airlines Holdings Inc. have agreed to take temporary wage and benefit cuts to help the bankrupt carrier restructure, Frontier announced on Wednesday.

Members of the Frontier Airlines Pilots Association and the Transportation Workers Union voted to approve a deal tentatively approved last week by the airline and the unions' leadership. About 88% of FAPA's membership came out in favor of the deal, Frontier said.

Frontier said it hopes the deal will help the company obtain debtor-in-possession financing. The airline will re-examine...
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