United Airlines And The Air Line Pilots Association Reach Agreement In Principle

CHICAGO, Aug. 3, 2012 /PRNewswire/ -- United Continental Holdings, Inc. (NYSE: UAL) today announced that the company has reached an agreement in principle on a new joint collective bargaining agreement with the Air Line Pilots Association (ALPA) representing pilots at the United and Continental subsidiaries. The agreement is subject to definitive documentation, approvals by the ALPA master executive councils of each subsidiary and ratification by the company's pilots.

"This agreement follows intense negotiations with our pilot group and is an important step forward for our company. I want to thank both negotiating teams for their efforts in reaching this agreement," said Fred Abbott, senior vice president of flight operations for United.

"The National Mediation Board played a crucial role in our negotiations, and I want to recognize NMB member Linda Puchala for her personal involvement and thank Senior Mediator Patricia Sims for her professional and effective mediation support," said Mike Bonds, executive vice president of human resources and labor relations at United.   United.com Source