United, Teamsters Reach Tentative Agreement
CHICAGO, Nov. 11, 2011 /PRNewswire via COMTEX/ -- United Airlines, a wholly owned subsidiary of United Continental Holdings, Inc. (NYSE: UAL), and the International Brotherhood of Teamsters (IBT) today announced that they reached a tentative agreement on a labor contract for mechanics at United.
"We are pleased we could reach an agreement that recognizes the hard work of our co-workers," said Jim Keenan, senior vice president of technical operations for United. "This agreement is an essential step toward aligning our mechanic employees and getting a joint agreement for both our United and Continental mechanics."
The agreement covers approximately 5,500 United mechanics and related employees located throughout the United States. Continental mechanics represented by the IBT ratified their collective bargaining agreement in November of 2010.
About United Continental Holdings, Inc.
United Continental Holdings, Inc. (NYSE: UAL) is the holding company for both United Airlines and Continental Airlines. Together with United Express, Continental Express and Continental Connection, these airlines operate an average of 5,717 flights a day to 376 airports on six continents from their hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York/Newark Liberty, San Francisco, Tokyo and Washington, D.C. United and Continental are members of Star Alliance, which offers more than 21,200 daily flights to 1,185 airports in 185 countries. United and Continental's more than 80,000 employees reside in every U.S. state and in many countries around the world. For more information about United Continental Holdings, Inc., go to UnitedContinentalHoldings.com. For more information about the airlines, see united.com and continental.com or follow United on Twitter and Facebook.
SOURCE United Continental Holdings, Inc.
Posted: November 11, 2011