Reagan's Plan to Break the Unions

The airline immediately shut down operations and laid off all but 4,000 of its 12 000 employees. Continental executives said the line would resume flights three days later to selected cities at the low price of $49 one way. Returning workers would face pay cuts increased productivity requirements and the elimination of all pensions. The same salary lorinzo said he would take in place of his normal $257 thousands was taken up by pilots making 43 thousand dollars a year. There were only a handful of flights resumed since the airline had technically pulled out from bankruptcy when it asked court to rescind union contracts.