UPS to furlough pilots, sees gradual recovery
United Parcel Service
The furloughs would be implemented in phases, with the first 170 in May.
Even though the economy has begun to turn around, UPS anticipates a very gradual recovery and a continued need for belt-tightening, said UPS Airlines President Bob Lekites.
(Reporting by Helen Chernikoff; editing by Leslie Gevirtz)
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