"The consequences of a failure to reorganize United would be
devastating. With the difficult circumstances facing other
carriers, most of United's employees would be unable to find other
jobs in the airline industry, especially not at other legacy
(major) carriers."
Source: A UAL bankruptcy court filing as quoted in
the Denver Post. United hopes to convince a bankruptcy judge to
toss the company's contracts with its workers. If that happens, at
least one union -- the AFA -- has threatened to strike.