NYTimes.com Article: United Union Offers Plan to Save $1 Billion

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United Union Offers Plan to Save $1 Billion

February 27, 2003
By REUTERS






CHICAGO, Feb. 26 (Reuters) - The flight attendants union at
United Airlines said today that it had offered to take pay
cuts and other measures that would save the airline more
than $1 billion over the next six years.

The group of 24,000 workers, represented by the Association
of Flight Attendants, said the savings would help United
compete with discount airlines like Southwest Airlines and
Continental Airlines without sacrificing "premium" service.


Earlier this month United, which is a unit of the UAL
Corporation, asked unions for $2.56 billion in annual cost
cuts.

The flight attendants union said its proposal also included
work rule and scheduling modifications intended to increase
productivity.

United, which filed for bankruptcy protection in December,
is also trying to reduce its fleet of 567 planes.

The airline said today that it had agreed to sell 7 of its
44 Boeing 747-400's to Thai Airways International.


http://www.nytimes.com/2003/02/27/business/27UAL.html?ex=1047356360&ei=1&en=0ca967dbd4331565



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