January 31, 2005
United Pilots Approve New Agreement
Jan. 31, 2005 -- The pilots of United Airlines have ratified the revised Tentative Agreement between ALPA and United. The agreement amends the pilots' current collective bargaining agreement, effective Jan. 1, 2005, and will provide $180 million in annual labor savings to the Company.
Approximately 77 percent of the eligible United pilot group cast votes on the new labor agreement, which was approved by a vote of 75.46 percent to 24.54 percent. Bankruptcy Judge Eugene Wedoff already has indicated he will accept this agreement. He is expected to issue his decision today.
United MEC Chairman Captain Mark Bathurst issued the following statement in reaction to the TA vote results:
"Again, this pilot group has stepped to the plate and has made the responsible decision of accepting this revised Tentative Agreement. We understand the tremendous financial challenges facing our airline and we have once again assumed the leadership role in guiding United toward an eventual exit from bankruptcy. As we did when United pilots accepted the original Tentative Agreement on January 6, we call on the company to use the savings obtained in this agreement wisely, and to apply them toward returning this airline to a financially healthy enterprise."
"We will be relentless and steadfast in holding management to an unprecedented degree of accountability as they now have all of the tools they claim they need to exit from bankruptcy. We will accept no excuses and no undue delay in moving this company forward in the coming months to regain our rightful place at the top of the airline industry."
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