US Airways to Cut Hundreds of Jobs
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US Airways Group Inc. plans to eliminate "hundreds" of management and nonunion jobs and cut top executives' pay by between 5 and 10 percent.
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NEW YORK, December 24  - The customer service and reservation agents of US Airways Group (USG.FSE) have agreed to a 13% pay cut and the elimination of some jobs to help the company generate annual cost savings of $137 million and avoid
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US Airways employees have already survived two rounds of cuts to salaries, benefits and in some cases, rank. Thousands have been laid off.
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ATLANTA - Delta Air Lines will cut up to 7,000 jobs, reduce wages and pull back at its Dallas-Fort Worth airport hub as part of a sweeping restructuring plan that could still leave it vulnerable to bankruptcy, company CEO Gerald Grinstein said Wednesday.    The job cuts representing about 10 percent of its overall work force will come over the next 18 months, Grinstein said during a meeting with 300 of the company's middle managers...
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) , the No. 3 US carrier, said on Sunday it will cut 2,000 aircraft-maintenance jobs, up to 3,100 customer-service jobs, and between
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US Airways UAIRQ.OB plans to cut  its executive payroll by 20 percent, reducing pay and benefits  for its 3,000 managers and eliminating positions, The  Washington Post reported on Wednesday.
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Bankrupt US Airways Group. Inc.  UAIRQ.OB said on Monday it would eliminate hundreds of  management and nonunion jobs and impose wage and other cuts to  save more than $45 million annually as it tries to overhaul its  business and survive.
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United Airlines is poised to make more reductions in its work force -- already 40 percent smaller than it was before the 2001 terrorist attacks. The second-biggest US airline confirmed job cuts will be part of its plan to get out of bankruptcy.
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A union representing 5,200 flight attendants at bankrupt carrier US Airways have agreed to a new contract that cuts pay by nearly 10%.
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Continental Airlines Inc. (CAL.N: Quote, Profile, Research) plans to eliminate about 425 management and clerical jobs, and wage cuts may be next if the revenue picture does not improve, the No.
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Delta Air Lines said it would eliminate up to 7,000 jobs and US Airways said it would start charging passengers to make reservations by telephone or at an airport ticket counter.
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US Airways plans to cut its executive payroll by 20 percent, reducing pay and benefits for its 3,000 managers and eliminating positions, said a newspaper report Wednesday.
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ALEXANDRIA, Va. US Airways is warning a bankruptcy judge that it may have to liquidate as soon as February unless the judge imposes temporary pay cuts of 23 percent on the airline&#39;s union workers.
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Delta Air Lines on Wednesday said it  plans to cut between 6,000 and 6,900 jobs during the next 18  months, implement a 10 percent across-the-board pay reduction  and reduce employee benefits in a bid to avoid bankruptcy.
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FORT WORTH, Texas -- American Airlines says more job cuts are on the way after the airline had already planned about 1,000 layoffs.
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Continental Airlines Inc. said yesterday it would cut about 425 jobs, or 1 percent of its work force, through staff reductions, attrition, and elimination of unfilled vacancies as part of an effort to trim expenses by another $200 million.
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American Airlines told its employees last night that it planned to lay off as many as 1,100 pilots, mechanics and other employees, as part of a cost-cutting program.