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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| September 03, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TRANSPORTATION

UAL's cost-cutting plan doesn't fly

Pilots and attendants ripped United Airlines' plan to lop $9 bil off labor costs over six years. The world's No. 2 carrier wants $1.5 bil in labor concessions, the bulk of $2.5 bil in annual savings it says it needs to stay aloft. Pilots, who agreed to wage cuts in June, said the new demands are unacceptable. Flight attendants also rejected wage cuts.

American Air sets standby fee

To cut costs and encourage travelers to buy more expensive tickets, the world's No. 1 carrier will now charge $100 for customers who want to fly standby on tickets for travel next year. AMR's American also dropped the one-year grace period on missed flights after Oct. 1 for nonrefundable tickets. US Air made similar changes a few days earlier.

- Midwest Express flight attendants said they will strike random flights after failing to reach a labor deal with the regional carrier.

Ford pulling plug on electric car

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