United Airlines Pilots Reach Agreement To Avoid Nearly 3,000 Furloughs

Watch VideoUnited Airlines has reached a deal with its pilots to avoid nearly 3,000 furloughs.

The pilots' union agreed to reduce flight schedules and spread the work among United's 13,000 pilots.

The airline sent layoff warnings to 36,000 employees in July. It said 7,000 workers have taken buyouts and others are taking...