"Updated" As you know, on May 3, 2010, UAL Corporation (UAL) and Continental Airlines (CAL) announced their agreement to merge “as equals.” As is the case with all airline mergers, the UAL-CAL merger and all of its details are complex, will require many layers of United States and foreign government approval, and will take quite some time before it actually is completed. That said, however, UAL and CAL have stated that they expect these approvals to be concluded and the transaction to be closed by the end of 2010. Additionally, while UAL and CAL work towards completing the transaction, they have committed in their merger agreement to honor their existing collective bargaining agreements.
The UAL-CAL proposed merger raises a number of labor-related questions that affect you as Teamster-represented employees at both carriers. Mergers also tend to create a large number of rumors, some of which have some basis is fact and reality, and others which don’t.
In order to provide you with hard facts relating to the merger and in an effort to minimize the disruption caused by ill-founded rumors, we will periodically post “Q&A” Updates. This is the first such Update, and addresses some of the important, basic issues and questions relating to the proposed UAL-CAL merger.
Click here to view the Q&A from Continental Airlines.
New Q&A from the Airline Division
