United Chief Financial Officer Jake Brace arrives at the Dirksen Federal courthouse.
United Chief Financial Officer Jake Brace arrives at the Dirksen Federal courthouse for a lunch break in Chicago, May 13, 2005. UAL Corp. reported a $1.1 billion first-quarter net loss as ground workers for its United Airlines unit voted overwhelmingly to authorize a strike if a judge allowed the carrier to end their union's contract. On Tuesday, a bankruptcy judge approved a United deal to terminate its pension plans in potentially the largest corporate pension default in U.S. history. United expects to save about $645 million per year under the plan. REUTERS/John Gress JG/GN