United Airlines: Employee Buyout

Author: Chaplinsky, Susan J.
Source: University of Virginia, Darden Graduate School of Business Administration
Year: 1998
Company Name: United Airlines
Number of pages: 18

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Abstract:

This case focuses on a large-scale corporate restructuring that involves changes to United Airlines' (UAL) operating strategy and financing. Through a recapitalization of the company, UAL's pilots, machinists, and salaried workers become majority shareholders of the firm.