United Airlines Seeks Staff Concessions
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United Airlines is expected to ask a bankruptcy judge to let it extract new concessions worth $725 million a year from employees as it seeks to reorganize, the Wall Street Journal reported on Friday, citing unnamed sources.
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US Airways Group Inc. UAIRQ.OB has  given its machinists, flight attendants and ground workers  until the middle of November to reach long-term concession  agreements or the bankrupt airline will seek court approval to  throw out their contracts, court documents show.
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US Airways plans to ask a federal bankruptcy judge to impose temporary pay cuts on its workers unless it can reach agreement with its unions before then.
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United Airlines, struggling to reorganize after two years in bankruptcy protection, reached a tentative agreement with its pilots' union on wage and benefit concessions.
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The national flight attendants union is opening the door to potential strikes as United Airlines parent UAL Corp. (UALAQ:OTC BB - news - research) scrambles to wrestle a round of critical wage concessions from its employees.
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US Airways&#39; (UAIRQ:OTC BB - news - research) passenger service employees approved a package of concessions estimated to save the airline about $137 million a year.
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US Airways chief executive Bruce Lakefield said Friday the airline would, as expected, ask a bankruptcy judge to impose temporary pay cuts on its union workers to conserve cash during the slow fall travel season.
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UAL Corp. asked a US bankruptcy judge in Chicago Wednesday to let it reject contracts with its six labor unions if it can&#39;t reach agreements with the workers on
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United Airlines formally raised the  possibility of throwing out union contracts on Friday, asking a  bankruptcy judge for permission to discuss the matter at an  upcoming court hearing.
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Negotiations between US Airways Group Inc. and its pilots union over labor concessions collapsed Monday. The airline is seeking $295 million in annual concessions from pilots.
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United Airlines&#39; union leaders huddled Friday to decide how to respond after the company signaled its intent to impose an additional $725 million in labor cuts and eliminate traditional pension plans.
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CHICAGO -- United Airlines said Wednesday that it needs to cut more jobs as it works on climbing out of bankruptcy. But the nation&#39;s No.
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United Airlines said Friday it needs even more labor cuts than anticipated to get out of bankruptcy, raising the likelihood of a new round of wage and benefit reductions.
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United Airlines reaches agreements with pilots and flight attendants on pay cuts which will save the bankrupt airline more than $310m a year.
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United Airlines and its two biggest unions took a step Friday toward mending a bitter labor- management conflict. The carrier agreed to hire a consulting firm specializing
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United Airlines' workers are getting formal details on how the bankrupt company wants to replace their traditional pension with a 401(k)-style benefit plan &#151; plus further steep reductions in pay and other benefits.
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ARLINGTON, Va. -- US Airways chief executive Bruce Lakefield said yesterday the airline would, as expected, ask a bankruptcy judge to impose temporary pay cuts on its union workers to conserve cash during the slow fall travel season.