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United, Machinists’ Pact Calls for 5.5% Pay Cut

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From Dow Jones/Associated Press

A tentative contract between UAL Corp.’s United Airlines and the union representing its ramp and customer service workers calls for a 5.5% pay cut.

Terms of the five-year agreement, which were made available to the membership of the International Assn. of Machinists and Aerospace Workers on the union’s website, also include changes to holiday pay and vacation time, among other things.

Voting on the pact is expected to conclude by July 22.

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