United Management on Spending Spree with Shareholder & Employee $$$
May 4, 2007
Chicago - United Airlines' management today announced an agreement for a minority equity stake in Aloha Airlines "that could expand over time." Greg Davidowitch, President of the Association of Flight Attendants-CWA at United Airlines denounced the move as "another example of too much money in the hands of wrong people."
"Lavishing money on executives and beginning a spending spree on other airlines while United is in the midst of an employee crisis is a veritable cookbook for calamity," Davidowitch warned.
"United's top executives could have bought their own stake in Aloha and still had money left over from their bonuses," Davidowitch continued. "Money that belongs to the shareholders and employees would be better spent getting United Airlines in order."
"We regret the possibility that workers and passengers of Aloha Airlines should be subjected to the same failed decisions and abysmal labor relations inflicted on the passengers and employees by the current management of United Airlines."
More than 55,000 Flight Attendants, including the 17,000 Flight Attendants at United, join together to form AFA, the world's largest Flight Attendant union. AFA is part of the 700,000 member strong Communications Workers of America, AFL-CIO. Visit us at www.unitedafa.org.
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