United Airlines (UAL: Quote) has reached a tentative agreement with the Association of Flight Attendants, covering flight attendants from the company's Continental subsidiary. The agreement was reached almost three months ahead of the contract's amendable date of September 1, the airline said Thursday.
The agreement extends the current collective bargaining agreement for a term of 28 months beyond the September 1 amendable date. Flight attendants will vote on the agreement in the coming weeks.
Flight attendants from the company's United subsidiary ratified a new four-year contract in February.
Mike Bonds, executive vice president of human resources and labor relations of United, said, "While we are focused on achieving joint collective bargaining agreements covering the integrated flight attendant workgroup and other workgroups, it's also important to be fair to our co-workers in the short term as we transition into the complex process of joint negotiations."
UAL slid 2.6 percent on Thursday to close at $22.92, but added 1.4 percent in the extended trade.
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by RTT Staff Writer
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