Continental Airlines got a big boost yesterday when its pilots and mechanics ratified new contracts that will result in significant cost savings for the company. According to the Air Line Pilots Assn., roughly 93% of eligible members cast ballots, with approximately 53.4% voting to approve the new deal. ALPA noted that the contract contains a clause that allows the pilots to reject it if any other employee group fails to approve a similar concessionary contract. "This pilot group has a ...

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