United unions coming up with proposal by Sept. 19

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United unions coming up with proposal by Sept. 19  =

 =


Friday September 13, 5:11 PM EDT =


CHICAGO, Sept 13 (Reuters) - The five unions representing employees at UA=
L Corp.'s (UAL) United Airlines on Friday sent management at the struggli=
ng No. 2 U.S. carrier a letter outlining their plans to come up with an a=
lternative framework for a financial recovery by Sept. 19.

Such a framework, which presumably will outline the unions' ideas on cost=
-cutting plans or alternatives, will enable United to "access substantial=
 near-term lending," the unions said in the letter to UAL's new Chief Exe=
cutive Glenn Tilton.

"We are confident that the alternative framework will enable the company =
to provide the ATSB with supplemental materials in support of the company=
's pending application...and trust that you will take steps to ensure tha=
t the company can file such materials after Sept. 16," the letter said. I=
t was signed by all five unions in the newly formed Union Coalition, whic=
h met regarding United's financial situation for the first time on Sept. =
4.

United has asked for $1.8 billion in federal loan guarantees from the Air=
 Transportation Stabilization Board, the agency formed shortly after the =
Sept. 11, 2001, attacks decimated the airline industry. =



=A92002 Reuters Limited. =


Roger
EWROPS

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