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Airlines Target Comp in Effort to Reduce Costs

Thursday, January 9, 2003 | 0

As the airline industry come s face to face with its financial woes, workers' compensation is a blame item on the two largest as they seek to cut costs.Widely reported yesterday, United Airline flight attendants accepted a pay cut, which the airline says will greatly reduce its soaring workers' compensation costs in addition to the usual savings in labor costs.American Airlines also said yesterday that it has asked its employees to cut back on their sick days and to report to work unless absolutely injured.. Sick days and workers' compensation cost American about $1million a day chairman and ...

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