CHICAGO å- April 25, 2002—United Airlines and UAL Corporation (NYSE: UAL) Chairman and Chief Executive Officer Jack Creighton today issued the following statement:
“United and the International Association of Machinists District 141 today have reached tentative agreement on a contract with the airline`s 23,000 public contact, ramp service, stores, food service and security employees.
“With the agreement, our customers can be confident that United will continue to operate without disruption.
“IAM District 141 has forwarded the details of the tentative agreement to the union`s membership for a ratification vote which will be held within the next two weeks. With ratification of these agreements, all open contracts at United Airlines will be resolved.
“As we said when agreement was reached with District 141M last month, reaching agreement with District 141 is a critical milestone in developing a recovery plan that meets the needs of passengers, preserves jobs, and puts the company on the road to financial stability. I want to thank both negotiating teams for their hard work. Their efforts ensure that United`s customers can continue to book and travel on United without hesitation.
“I also want to again thank our employees who have remained singularly focused on running a great operation in the last several months. They have posted some of the best on-time performance and lowest cancellation numbers this company has seen. They have really shown their commitment to our customers and this airline.”
In a separate negotiation, United also reached a tentative agreement with the IAM covering public-contact employees of Mileage Plus, Inc., a wholly owned subsidiary of United Airlines.