Last night, the 13,000 members of the United chapter of the International Association of Machinists and Aerospace Workers voted by 59 percent to ratify a new contract. Many analysts had predicted a strike would force United into bankruptcy. It is unclear if United will have the financial resources to meet the terms of the new contract and they may end up asking the Union to give back some of the gains they just won.
See "United Mechanics Approve Contract, Averting Strike", Kenneth N. Gilpin, The New York Times, March 5, 2002