It's official......told you so....
United Continental Holdings, Inc. has added a news release to its Investor Relations website.
Title: Furloughed United Pilots Offered Positions at Continental
Date(s): 14-Jul-2011 5:31 PM
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APPROXIMATELY 100 TO 200 PILOTS WILL FLY FOR CONTINENTAL
CHICAGO, July 14, 2011 /PRNewswire via COMTEX/ --
United Continental Holdings, Inc. (NYSE: UAL) today announced that it will offer approximately 100 to 200 positions to pilots currently on furlough from its United subsidiary to fly aircraft for its Continental subsidiary. The positions will meet the needs currently anticipated for the combined company's operation in 2012.
"We are pleased that through cooperation with the Air Line Pilots Association, we are able to offer the opportunity for these United pilots to come back to work," said Fred Abbott, senior vice president of flight operations for the combined company. "We will continue to focus on negotiating a single contract for all of our pilots as we work towards our single operating certificate."