Statement by Captain Todd Insler, Chairman, United Master Executive Council, Air Line Pilots Association, Regarding the Attempt by Two Activist Investors to Gain Control of United's Board of Directors

Mar 10, 2016, 09:00 ET from United Master Executive Council of the Air Line Pilots Association

CHICAGO, March 10, 2016 /PRNewswire-USNewswire/ -- "United's pilots have grave concerns about the sudden attempt by two activist investors to gain effective control of United's Board of Directors. This coup attempt, being done for their own benefit and without publicly stating their intentions for the future of the airline, unnecessarily distracts all employees from our commitment to improve customer service and grow United Airlines.

"Through the sacrifice of pay and benefits of over $10 billion, the United pilots helped save the Company in its darkest days.  United Airlines is now on stable ground and making record profits while investing in its employees, aircraft and facilities. We are concerned that these activists will instigate a program focusing on short term gains to the detriment of United's customers and employees.  Our returning CEO, Mr. Oscar Munoz, has renewed hope in our pilots through his genuine belief in our product and our people. The pilots of United Airlines share his vision and fully support Mr. Munoz. We will work with him to reestablish United Airlines as the industry leader." 

The Air Line Pilots Association represents more than 12,000 pilots at United Airlines.

 

SOURCE United Master Executive Council of the Air Line Pilots Association



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