If JS was still at Willis, I'd be all for a shakeup on the BOD and willing to risk the consequences. However, the positive vector we have been on on since OM took over changes things. I still think it is too soon to render final judgement on OM, but one thing I absolutely don't want to risk is a bunch of hedge funds trying to bleed the company dry for short term gain. Other than buying stock ourselves and voting, the next best thing we can do to fight this until the vote is taken is to do our best to make this CO perform at a level equal to or above our peers (it seems we have been doing exactly that since OM took over). Keep it up! (sts)

 

Hmm, lets see now, UAL sitting on a pile of cash and making money like their printing it. I Can't possibly understand why a couple of Hedge Funds would be interested in stuffing the board with their people. I smell a rat alla Marvin Davis, Conniston Partners etc. Gordo needs to put his pajama's and slippers on and stay the h-double L hockey sticks away.

 

The only reason this is happening is they perceive United management and BOD as weak. I'm sure GT would be happy to get another run at the cash cow and wil help make it happen at our expense. For you GB worshippers, you're about to see his true colors.

 

Or do you mean Betty White?!?! 😂😭😂

 

He'd hit that.

 

This from the group that just voted down their TA. Hopefully we all get on the train because the possibilities are NO BUENO if these hedge funds take over the board

WASHINGTON--(BUSINESS WIRE)--

The International Association of Machinists and Aerospace Workers (IAM) District Lodge 141 President Mike Klemm today extended his support to United Airlines Chief Executive Officer (CEO) Oscar Munoz’ strategic plan to make United the preeminent global airline in the face of a challenge from a group of investors looking to appoint six new directors to the United Continental Holdings, Inc. (UAL) Board.

“CEO Munoz has demonstrated by his actions, not merely words, that he believes employees make the difference in the success of an airline,” said IAM District 141 President Mike Klemm. “The progress we have already made in working with his team is proof of his commitment to United’s most important asset – its employees. This challenge to United’s board has the potential to distract the company and derail the progress we have made.”

Late last year the IAM and United entered into limited issue, expedited discussions to extend contracts covering approximately 28,000 IAM members at United. As a condition for the IAM to enter those talks, United agreed to halt all outsourcing of work performed by IAM-represented workers until at least January, 2019. These negotiations are proceeding at an unprecedented pace.

“It’s our members who make sure United’s customers get to where they’re going safely and on time, in all types of conditions,” continued Klemm. “If the people who make that happen aren’t treated properly, the product suffers. Oscar Munoz and his team have helped United turn the corner in improving employee relations and that ultimately benefits employees, shareholders and passengers alike.”

 

The IAM represents the customer/gate agents and rampers whose Section 6 negotiations were opened up a year early.

The Teamsters who represent the mechanics were the ones who just voted no on their TA.

 

Hey Allen, I guess you've got a lot more time to spend with us over on this forum now, eh?

 

Too soon?

 

You're absolutely right. I was thinking LUAL. My apologies and thanks for the catch