United Continental | featured news

Pilots at United Continental Holdings, the world's biggest airline, have ratified a contract with the U.S. carrier that will provide enhanced pay and retirement plan contributions, their union said on Saturday.

United Continental has reached a labor-contract agreement with the unions representing the 11,000 pilots of the carrier, which is still working out the kinks of its 2010 merger.

Airlines are getting rid of these planes — their least-efficient — in response to the high cost of fuel. Delta, United Continental, and other big airlines are expected to park, scrap or sell hundreds of jets with 50 seats or fewer in coming years. Small propeller planes are meeting the same fate.