UAL losses mount; United union threatens - Yahoo! News

CHICAGO/NEW YORK (Reuters) - UAL Corp. (OTC BB:UALAQ.OB - news) said on Wednesday it lost $1.1 billion in the first quarter, as ground workers for its United Airlines unit voted overwhelmingly to authorize a strike if a judge allowed the carrier to end their union's contract.
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The vote from members of the International Association of Machinists and Aerospace Workers was another sign of labor unrest at United. The No. 2 U.S. airline on Tuesday won court approval to terminate pension plans for thousands of employees, a step it says was needed to cut costs and exit bankruptcy.