United Airlines is asking a bankruptcy court to end its contracts with unions if the carrier can't get an additional 725 (m) million dollars in labor concessions.
The nation's second largest airline says it needs the cost savings and the ability to drop traditional pensions to secure financing and get out of bankruptcy.
The cuts would come atop the two-and-a-half (b) billion dollars United employees have already made in annual labor concessions.
In its court filing, the company says it is trying to negotiate agreements with unions. But United says its urgent financial needs compel it to ask for the union contracts' termination if the two sides can't reach an agreement.
United is the dominant carrier at Denver International Airport with some six thousand employees in the metro area.
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