United Airlines late Monday announced that it has reached a new tentative agreement outside of bankruptcy court with its mechanics, represented by the Aircraft Mechanics Fraternal Assn. Terms of the five-year deal were not released, but it reportedly includes a 3.9% pay cut as well as reductions in sick time and holiday benefits and will save the carrier $96 million a year. United previously had sought $101 million from the group. "This agreement consensually achieves the cost savings ...

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