United Airlines Statement on Recovery Plan


United Airlines (NYSE: UAL) issued the following statement this evening regarding its continued recovery efforts:

“The coalition of union leaders representing United’s organized employees has told United it will provide an alternative framework for participation in United’s financial recovery plan by approximately September 19.  We’re encouraged that our conversations remain positive and productive, and we’re appreciative of the coalition’s efforts.  We will work with the ATSB to ensure that we can update the business plan the company intends to provide to the board after we receive the coalition’s alternative framework.”


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