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UAL faces pension battle.

Publication: Business Travel News
Publication Date: 21-MAR-05
Format: Online - approximately 289 words
Delivery: Immediate Online Access

Article Excerpt
Machinists and ground workers at bankrupt United Airlines threatened to strike following the federal Pension Benefit Guaranty Corp.'s announcement this month that it would assume responsibility for pensions coveting 36,000 UAL employees.

Management repeatedly has insisted the company must terminate and replace existing pension plans in order to emerge...

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