SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Tue Nov 19, 2002 3:51 am

United Airlines is to cut non-union staff pay bills by US$1.3 Billion. Salaried and management would take a 2.8 - 10.7% pay cut.

More information at the Financial Times webstie

United Airlines is to cut 9 000 jobs

More information at the Financial Times website

 Sad but hopefully this will make UAL a stronger airline and company
Anyone can fly, only the best Soar.
 
ripcordd
Posts: 1034
Joined: Sat Apr 01, 2000 1:12 pm

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Tue Nov 19, 2002 5:47 am

They also said they were going to retire 40 or so widebody plans? anybody have an idea what these are?
 
flyingbronco05
Posts: 3484
Joined: Fri May 10, 2002 11:43 am

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Tue Nov 19, 2002 5:53 am

On a related note:

United Pilots Ratify Pay Cuts of 18 Pct.


"CHICAGO (Reuters) - Rank-and-file pilots at UAL Corp.'s (NYSE:UAL - News) United Airlines on Monday ratified 18 percent pay cuts effective Dec. 1 as part of a plan to help the airline win a federal loan guarantee and avoid bankruptcy."

More at: http://biz.yahoo.com/rb/021118/airlines_united_7.html
Never Trust Your Fuel Gauge
 
Guest

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Tue Nov 19, 2002 6:50 am

To all of you who want to see UAL go under(I know there are alot of you out there) I hope you are happy. 9,000 more people with families, bills, etc are without jobs me being one of them from last fall. I like the fact that we are all working togeather as employees to take wage cuts to make the airline profitable. One thing though. I am angry and upset that we are agreeing to all this and we are a majority of us are still getting cut. We are expcted to be profitable again in 2004 CNN said this morning and i hope they are right. To all of you who want to see UAL rise from the ashes, Thank you for your support. To Ripcordd they are all 767-200s, some 747-400s and a handfull of 737s Sad

UALrampORD
 
UALPHLCS
Posts: 3233
Joined: Thu Jun 28, 2001 5:50 am

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Tue Nov 19, 2002 10:19 am

How many 767's will that leave in the Fleet?
A little less Hooah, and a little more Dooah.
 
ILUV767
Posts: 3035
Joined: Mon May 29, 2000 2:21 pm

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Tue Nov 19, 2002 10:34 am

UALPHLCS wrote:

How many 767's will that leave in the Fleet?


Just the -200s. Watch for the 3 cabin 300s to be taking over all European operations in January with the exception of London and Frankfurt.

I L U V 7 6 7
 
ual777contrail
Posts: 2914
Joined: Sun Feb 17, 2002 11:33 am

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Tue Nov 19, 2002 11:08 am

The main thing ualrampord, the only ones slamming UNITED right now are the people who ironically don't even work in the industry. More arm chair quarterbacks if you will, and you'll be back. UNITED Wont go under and if we do file for chap 11 the rest of this tired industry will be right behind us.

keep you head up, you'll be back.


ual 777 contrail
 
gigneil
Posts: 14133
Joined: Fri Nov 08, 2002 10:25 am

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Tue Nov 19, 2002 8:20 pm

I think the Financial Times might be wrong...

I reviewed the UA press release from Sunday and it says nothing about cutting 9,000 jobs.

But a press release from today did say that United's _9,000 pilots_ have agreed to pay cuts equalling 1.3bln USD.

I might be wrong too... but I read all the press releases and didn't see anything.

N
 
Guest

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Wed Nov 20, 2002 11:35 pm

UAL777contrail, Thank you for your support.

UALrampORD
 
Greg
Posts: 5539
Joined: Sat May 28, 2005 1:11 am

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Thu Nov 21, 2002 12:18 am

At any rate, I purchased my X-mas vacation tickets on United.
So they have my confidence....and my business...bankruptcy or not.
 
wn700driver
Posts: 1475
Joined: Wed Aug 29, 2001 10:55 pm

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Thu Nov 21, 2002 1:02 am

I'm not saying that UAL will go bankrupt, or that I hope it will happen, but...

I will not be flying with them anytime soon (I didn't much care for UAL before 11.sep anyways, and that day didn't help matters of course). For X-mass, I booked with NWA, as I have had much better experiance with their European Operations anyways (Going home via NWA & KLM this year.)

Second point. If indeed UAL does go under, no, the rest of the industry will certainly NOT follow it (I assume you are reffering to the North American market). NWA & Delta are recovering nicely, and Continental is not far behind the pack. In fact I think this group will in some form or another replace AA & UAL as America's frontline carriers in the next 2 - 5 years, just as those two snatched that from PAA & TWA more than a decade ago. Not flamming, just calling it the way I see it.

Cheers then
Base not your happiness on the deeds of others, for what is given can be taken away. No Hope = No Fear
 
wn700driver
Posts: 1475
Joined: Wed Aug 29, 2001 10:55 pm

RE: UAL To Cut 9 000 Jobs And Save $1.3 Bln In Pay

Thu Nov 21, 2002 1:04 am

I should add to my previous post that I sincerely hope the Journal got it wrong about the 9000 jobs. 9000 newly unemployed people are never a good thing for any economy, no matter what Airline they came from.
Base not your happiness on the deeds of others, for what is given can be taken away. No Hope = No Fear