
Now that Mesaba has settled their labor disputes they will be able to access the $24 million debtor-in-possession loan.
Mesaba spokeswoman Elizabeth Costello said they reached the deal with mechanics at about 2 a.m. Tuesday. Several other rounds of talks had lasted all night.
No word on whether or not the individuals will approve the tentative agreement. Other groups have rejected tentative agreements after the unions presented the proposal to them.
The terms have not be disclosed to the public at this point in time. Mesaba was looking for a 17.5 percent pay cut for the unions in order to slash labor costs.
WCCO.com






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