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United Attendants Seek Chairman’s Removal

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From Bloomberg News, Reuters

United Airlines’ flight attendants’ union will take legal action to remove Chairman and Chief Executive Glenn Tilton and other top managers, the Assn. of Flight Attendants said. The union, in a nearly unanimous vote of members, expressed no confidence in Tilton and his team.

A report on the Financial Times website, citing unidentified sources, also said as many as 6,000 more jobs, or 10% of the airline’s workforce, could be on the line. The cuts could take another $655 million out of annual operating costs, it said.

United, a unit of UAL Corp., has said it may scrap the pension plans to attract equity investors necessary to get the company out of bankruptcy protection, but no decisions have been made yet.

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