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Union Rejects Deal, United Air Lines Stock Plunges

NPR

By Brian Naylor

Published November 29, 2002 at 12:00 AM EST

Investors dumped stock in United Air Lines after a mechanics union rejected a contract deal with the nation's second-largest air carrier. The mechanics are the only union group not to agree to givebacks to the struggling airline, which is trying to avoid bankruptcy protection. NPR's Brian Naylor reports. (3:30)

Copyright 2002 NPR

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Brian Naylor

NPR News' Brian Naylor is a correspondent on the Washington Desk. In this role, he covers politics and federal agencies.

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