The Nation - News from April 14, 1985

Eastern Airlines said the rejection by flight attendants of a tentative contract agreement would have little impact on the carrier’s financial picture. Flight attendants rejected the proposal, which contained concessions intended to help solve Eastern’s cash-flow problems, by a 4-1 margin. Eastern’s bankers have extended a deadline for ratification to May 15. They had demanded earlier this year more labor concessions to keep the airline out of default on $2.5 billion in loans and leasing agreements.