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CAREY SAYS NORTHWEST AGREEMENT WILL REQUIRE GUARANTEES FROM COMPANY

 WASHINGTON, Jan. 4 /PRNewswire/ -- Teamsters Union President Ron Carey today warned that talks with Northwest over how to save the financially troubled airline will not bring an agreement unless the company will provide adequate protections for workers' jobs and investment in the company.
 Carey said: "As we negotiate with Northwest, we will do whatever is reasonable and fair in order to protect these jobs and assure that they will be there in the future. But we will not allow top officials to continue to loot the treasury of millions of dollars every year."
 Carey identified two conditions that must be met for his union to go forward with an agreement.
 First, he said: "There will be no agreement unless those who caused this problem contribute to the solution. Some of our members earn as little as $15,000 a year. The owners racked up $4 billion in junk bond debt. They must be held accountable for the mess they created. Thousands of families are now facing an uncertain future because of the company's recklessness."
 Second, Carey said, "The company must be restructured to give employees the checks and balances they need to protect their investment in the company and to make sure that the mistakes of the past are not repeated."
 Carey, whose union represents more than 8,000 Northwest flight attendants, will be in Minneapolis on Tuesday, Jan. 5, for a series of meetings with Teamsters Local 2000, the other five unions that represent Northwest employees, and company management.
 The Teamsters are now preparing for contract talks with Northwest.
 -0- 1/4/93
 /CONTACT: Nancy Stella or Matt Witt of the International Brotherhood of Teamsters, 202-624-6911/


CO: International Brotherhood of Teamsters; Northwest Airlines ST: District of Columbia IN: AIR SU:

IH -- DC015 -- 1324 01/04/93 12:51 EST
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Publication:PR Newswire
Date:Jan 4, 1993
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