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MINNEAPOLIS (AP) - Pilots reached a tentative pay-cut deal with Northwest Airlines Corp. Friday, a major step toward ending a showdown that put the bankrupt airline's future in doubt.
The nation's fourth-largest airline said it got the $358 million in savings it sought, but other details weren't released. This deal, as well as pacts reached earlier with flight attendants and ground workers, needs ratification to be final.
The agreement removed the threat that Northwest would simply impose the cuts it wanted on pilots. Pilots said they'd strike if that happened, and both sides agreed that could have killed the airline.
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