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United Continental offers buyout deal to flight attendants

Sep. 16, 2014 3:48 AM ETUnited Airlines Holdings, Inc. (UAL) StockUALBy: Yoel Minkoff, SA News Editor
  • United Continental (NASDAQ:UAL) says it will pay eligible flight attendants up to $100,000 to leave the company through a voluntary buyout.
  • The deal aims to end furloughs at the over-staffed airline, and will recall all 1,450 flight attendants on leave so they may request the severance payment or return to work.
  • Problems of over-staffing at the airline increased after United retired some of its planes, leaving the company 2,000-plus flight attendants above capacity.

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