Fly It? They Own It

Now that United Airlines employees have bought control, can they do what it takes to run it?

In the hours following the news that United Airlines employees had bought a controlling share (55%) of their own company, solidarity was breaking out everywhere. If the scenes were not made for commercials, they sure looked like it: outside United headquarters near Chicago's O'Hare Airport, senior UAL executives were grilling burgers on portable barbecues for mechanics and pilots, while many at the gathering sported buttons that read ASK ME, I'M THE OWNER. Meanwhile, newly anointed chairman Gerald Greenwald, a former vice chairman of Chrysler, was flying coach from New York City's La Guardia to O'Hare and on to LAX and Denver...

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