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Article: UAL announces compensation arrangements for non-union employees in connection with financial recovery program; Plans to issue stock options to all employees participating in financial recovery program.
- Article from:
- M2 Presswire
- Article date:
- November 19, 2002
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M2 PRESSWIRE-19 November 2002-UNITED AIRLINES: UAL announces compensation arrangements for non-union employees in connection with financial recovery program; Plans to issue stock options to all employees participating in financial recovery program (C)1994-2002 M2 COMMUNICATIONS LTD
RDATE:11182002
LONDON -- UAL Corporation (NYSE: UAL), the holding company whose primary subsidiary is United Airlines, today announced it has established a labor cost savings plan for its salaried and management employees. In addition, the company announced that in connection with and upon implementation of the financial recovery program, it plans to issue stock options to ...