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United Airlines' Workers May Lose Big In Bankruptcy
Bloomberg via Taipei Times
Dec. 12, 2002 Excerpt: United Airlines workers, the only in the industry to own a majority of their company's shares, have become the most vulnerable as the world's second-largest airline uses court protection to shave costs, analysts said. Employees may lose their jobs as well as their pensions, stock and seats on the company's board. MORE >> |
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