United Airlines' Esop, the biggest of its kind in America
Every airline employee understands the ups and downs of the business. They know service and customer relations are key. Without employee and union support America's highest flyers could have trouble getting off the ground. In the past, major airlines have felt the brunt of employee anger. That's one reason why United Airlines sold a 55 per cent controlling stake to 59,000 of its 79,000 employees for wage concessions worth nearly $5 bn. This created the largest Employee Stock Ownership Plan
You need to register to access 3 free deep dive articles per month. To continue reading please register or login below..
- Unlimited deep dives
- Data-driven research around key topics
- Buy-side insights
- Benchmarking reports
From
$1495