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United Reaches Deal With Flight Attendants Union

Law360 (January 18, 2006, 12:00 AM EST) -- United Airlines Corp. has cleared a major hurdle in its march toward emerging from bankruptcy, after the union representing its 17,000 flight attendants agreed to a reduced pension plan on Wednesday.

The deal was reached just prior to a hearing before bankruptcy judge Eugene Wedoff, who is expected to rule on United’s reorganization plan within three days. United’s collapse into bankruptcy is the largest, longest-running airline bankruptcy in history.

As part of the deal, the Association of Flight Attendants (AFA) dropped its lawsuit against the world’s...
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