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"There has to be wage concessions".
Wage concessions do not apply to employees who make less than $30,000.
But Mr. Creighton should not expect any wage concessions, she said.
As for the labor problem, Mr. Icahn has negotiated wage concessions with key unions.
He has been negotiating with unions for significant wage concessions, recently reaching a tentative agreement with the pilots' union.
Another union, the Association of Flight Attendants, has already given Mr. Creighton a flat-out "no" on wage concessions.
Other major theatrical unions, including Actors Equityy, which represents Broadway actors and stage managers, are also considering wage concessions.
Both groups, along with salaried employees, bought 55percentt of the airline in 1994 in exchange for wage concessions.
And in 1984, it extracted wage concessions from its Illinois workers to compete with nonunion dairies in Wisconsin.
Oct. 19, 1984: Frontier warns union workers that they must make further wage concessions or the airline will be liquidated.
It might be possible to balance Muni's budget without major service cuts or wage concessions from the operators union, but it would not be pain free.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com