United Airlines to furlough approximately 20,000 employees; Company has no choice but to take actions to preserve viability and its operations in face of reduced flight schedule, uncertainties about airline travel.

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M2 PRESSWIRE-20 September 2001-UNITED AIRLINES: United Airlines to furlough approximately 20,000 employees; Company has no choice but to take actions to preserve viability and its operations in face of reduced flight schedule, uncertainties about airline travel (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:19092001 CHICAGO -- In response to reduced flight schedules in the wake of the September 11 terrorist attacks, United Airlines, a unit of UAL Corporation (NYSE: UAL), today announced that it will furlough approximately 20,000 employees.

The furloughs will affect all work groups of the company and will begin as soon as practicable. "These actions are extremely painful ones, but they are absolutely critical to maintaining our ability to continue...