UAL Updates 8K for Pilot Contract
Figured this needed a clean thread…signs of an imminent deal? I think we will “suddenly” see a TA within the next 2 weeks.
We’re negotiating for the next two weeks in Houston and at least one rep said they’ll be SHOCKED if we don’t have something by the summer.
from the 8k:
the Company has determined that it is appropriate to accrue expense in the first quarter 2023 related to a potential new collective bargaining agreement with employees represented by the Air Line Pilots Association. This accrual represents a shift in the timing of the associated expense from the second quarter 2023 into the first quarter 2023.