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Mon, Apr 14, 2003

United Airlines Pilots Ratify New Labor Agreement

Hoping To Stave Off Bankruptcy

The United Master Executive Council of the Air Line Pilots Association, International announced today that the pilots of United Airlines have ratified the new labor agreement that was reached between ALPA and the Company earlier this month.

Approximately 81.7% of the eligible United pilot group cast votes on the new labor agreement, which was approved by a vote of 5205 (82.3%) to 1125 (17.77%). The new agreement remains subject to final documentation and approval by the bankruptcy court.

UAL-MEC Chairman Captain Paul Whiteford said, "The pilots of United Airlines have now stepped up for their share of commitment necessary to save this company in the face of the worst crisis in airline history. This agreement allows the Company to reorganize under Chapter 11 and emerge as a viable, competitive airline against both low cost carriers and other network carriers."

FMI: www.ual.com


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