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Northwest, pilots settle
September 10, 1998: 7:53 p.m. ET

Company, union reps putting finishing touches on deal ending 13-day strike
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NEW YORK (CNNfn) - Northwest Airlines Corp. reached a tentative deal Thursday with its striking pilots union and said it hopes to get its jets back in the air within three or four days.
     President Clinton said the nation's fourth largest airline and representatives of the Northwest Air Line Pilots Association reached a deal Thursday, potentially ending the 13-day walkout.
     Although Northwest and the union had yet to make their official announcement, President Clinton made a short statement Thursday saying the two sides had reached "terms that form the basis for an agreement."
     "Earlier in the day I spoke to the leaders of both parties and told them how important this negotiated agreement is to our country and economy. I'm pleased they have worked so hard to make this happen," he said.
     Northwest said it would take three or four days to restore partial service and eight to 10 days before full operations resume.
     The master executive council of Northwest's union is scheduled to meet Saturday to consider the agreement.
     The union said pilots would remain on strike under the council makes its recommendation.
     Previously, the airline canceled domestic flights through Sunday and inbound flights from Europe and Asia were canceled through Monday.
     Northwest's 6,200 pilots struck the airline on Aug. 28 after negotiating for a contract for more than two years.
     The airline has said the strike was costing Northwest $26 million a day. Also, 30,000 of the company's 50,000 employees have been on temporary leave since the strike began.Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.