B747-437B
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UAL Pilots Agree To $2.2 Billion Pay Cuts

Sat Nov 02, 2002 4:47 pm

UAL pilots, represented by ALPA, have agreed to accept the management proposal for $2.2 billion in pay cuts over 5 years. This proposal was part of United's Economic Recovery Plan which requires a total of $5.8 billion in concessions from various employee groups. The two other major unions at UAL are AFA representing Flight Attendants and the IAM representing mechanics, rampers and airport agents.

http://www.ual.com/press/detail/0,1442,50327,00.html
"The A340-300 may boast a long range, but the A340 is underpowered" -- Robert Milton, CEO - Air Canada
 
SInGAPORE_AIR
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RE: UAL Pilots Agree To $2.2 Billion Pay Cuts

Sat Nov 02, 2002 5:14 pm

Congratulations. This is vital for the surivival of United Airlines Corp., and when things are better, I hope the pay concessions are reinstated ASAP.
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