Protect Excessive Airline Executive Bonuses

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United Airlines, the world's second largest airline, has proposed a bonus plan to give its top eight executives $45 million in stock after the company emerges from a three-year bankruptcy, in February.

The proposal reserves 13.6 million shares, or 11 percent of the company, for 400 executives. CEO Glenn Tilton would receive $15 million in stock, or 1.1 percent of the company. According to a separate document, Tilton also would receive $605,625 annually in compensation, with the ability to double it with an annual bonus.

United workers find the proposal unfair because of their $4 billion in pay and benefit concessions taken.

To express your displeasure with United's disregard for workers' needs and favoritism towards executives, write to: Glenn Tilton; WHQPW, United Airlines, PO Box 66100, Chicago, IL 60666. Call United's customer service at 1-877-228-1327. Fax them at 1-877-406-1059. It's reported that United has recently stopped providing a general e-mail address, in order to discourage negative feedback. There is an on-line feedback form at www.united.com/page/specialpage/0,1451,2076,00.html.

Expiration Date:
Tue, 01/31/2006 - 5:00pm