United Airlines` (NYSE: UAL) chairman, president and chief executive officer Glenn Tilton today issued the following statement on news that certain IAM work groups voted in favor of their proposed contract changes and one group voted against them.
“The participation of our public contact, ramp, food service, security and other employees represented by IAM District 141 represents a significant part of our financial recovery program and they deserve commendation for voting in favor of proposed wage reductions to help transform our airline. Clearly, we`re disappointed that our mechanic and related employees, represented by IAM District 141M, did not approve the tentative agreement with United. Nevertheless, we remain fully committed to the goals of the United Airlines Union Coalition in achieving labor cost savings that will enable us to secure federally backed loans. We will immediately begin talks with the IAM 141M leadership to ensure that a contract proposal consistent with the coalition`s framework is brought before the membership as soon as possible.”
United operates nearly 1,800 flights a day on a route network that spans the globe. News releases and other information about United may be found at the company`s website at www.united.com.