Printer Friendly

UNITED AIRLINES UNION COALITION TO DEVELOP PROPOSAL

 CHICAGO, July 15 /PRNewswire/ -- The United Airlines Union Coalition, comprised of United's three principal unions, the Air Line Pilots Association (ALPA), the International Association of Machinists (IAM), and the Association of Flight Attendants (AFA), today confirmed press reports that it will develop a proposal under which employees will assist United to become financially stronger and more competitive in exchange for a substantial equity stake in UAL for all employees.
 The Coalition's proposal will include significant employee cost savings. It will also include significant employee participation in the governance of United. The proposal also contemplates a new Competitive Action Plan which will assist United in responding aggressively to the challenges now facing the airline industry.
 The proposal will be developed by the Coalition following discussions with the company which are expected to begin promptly.
 According to a spokesman for the Coalition, "The commencement of discussions regarding the Coalition's plan reflects our view that the long-term viability of United and the job security of United's employees require bold, innovative action. Rather than waiting to address, in a confrontational manner, restructuring proposals that would inevitably affect the company in an adverse way, we seek to pursue a collaborative effort now with a still healthy company, to capitalize on its intrinsic strengths for the benefit of all employees and shareholders."
 -0- 7/15/93
 /CONTACT: Peter Rosenthal of Howard Rubenstein Associates, 212-489-6900 or 212-877-4289, for Air Line Pilots Association/


CO: United Airlines Union Coalition ST: Illinois IN: AIR SU:

MC -- NYON1 -- 1691 07/15/93 03:13 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 15, 1993
Words:254
Previous Article:FAMILY PROGRAMS, THEMES AND DIVERSE ITINERARIES HEAD LIST OF CRUISE INDUSTRY TRENDS
Next Article:TEN QUESTIONS PARENTS ASK MOST OFTEN ABOUT TESTING
Topics:


Related Articles
UNITED AIRLINES UNION COALITION CONCLUDES LABOR SUMMIT
ASSOCIATION OF FLIGHT ATTENDANTS ISSUES STATEMENT
UAL CORPORATION RESPONDS TO RECENT MEDIA REPORTS
UNITED AIRLINES WORKERS LAUNCH CAMPAIGN SEEKING TEAMSTER REPRESENTATION
AFA: United Flight Attendants Plan Three Days of CHAOS in Las Vegas
United Airlines pilots' union opens pay talks.
UNITED MAY OFFER FLIGHTS TO BAY AREA AIRLINE NEGOTIATING PACT TO BRING PALMDALE SERVICE.
United Airlines employees form 'Union Coalition at United Airlines'.
Unions call for shareholder say on UAL executive pay.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters