US Airways to Ask Court to Cut Union Workers' Pay 23%
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US Airways also said it would reduce or stop contributions to some employee retirement plans and would end its commitment to keep 279 aircraft in its fleet.
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US Airways (UAIRQ.OQ: Quote, Profile, Research) has asked a bankruptcy judge to approve temporary wage and other cost cuts from its unions, saying it only has enough cash to survive through January 2005.
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ALEXANDRIA, Va. -- US Airways Group wants a bankruptcy judge to void its labor contracts and a court order forbidding strikes by unhappy union workers.
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ALEXANDRIA, Va. &#151; US Airways Group Inc. warned in a bankruptcy court filing that it may have to liquidate by February if a judge does not impose a temporary 23 percent pay cut on its union workers.
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A federal bankruptcy judge has granted approval for US Airways to cut the pay of its union workers by 21 percent through February to help the nation&#39;s seventh-largest airline stay in business and emerge from bankruptcy.
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The pilots union at US Airways Group Inc. says it will oppose a motion in bankruptcy court expected Friday that will seek immediate pay cuts for its members.
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SEPTEMBER 23, 2004 -- In a special employee bulletin, US Airways CEO Bruce Lakefield late yesterday said the carrier would ask the judge overseeing its bankruptcy case to authorize new labor contracts unless major employee unions agree to more concessions
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Troubled carrier US Airways has asked a US bankruptcy court to impose big wage and cost cuts, warning that otherwise it might fail to survive.
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Bankrupt airline US Airways will ask a  bankruptcy court judge to impose emergency pay cuts of 23  percent on its major unions, the New York Times reported late  on Thursday.
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US Airways asked a bankruptcy judge Friday to cancel labour contracts with three of its unions and impose much lower pay so it can move ahead with a plan to permanently cut costs, reposition
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Troubled airline US Airways says it is to cut pay and posts among its management and non-union workers.
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US Airways Group Inc. will seek a court injunction to prohibit a strike by disaffected unions that have threatened a walkout if a bankruptcy judge grants the airline's request to cancel their labor contracts.
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US Airways will ask the bankruptcy court to temporarily nullify its labor agreements and impose wage cuts if the carrier's unions do not agree on concessions by Friday, the chief executive told employees yesterday.
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US Airways also asks a judge to approve pay and benefit cuts to help save the carrier from going under. By Associated Press. ALEXANDRIA, Va.
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S Airways said yesterday that it would ask a bankruptcy judge to approve emergency pay cuts - which its unions said would be 23 percent - and other moves to raise cash.
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US Airways UAIRQ.OB wants a  bankruptcy judge to impose temporary wage and other cost cuts  on its union workers, warning that it only has enough cash to  operate through January.
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US Airways&#39; pilots union said Thursday that the airline plans to file a motion in bankruptcy court on Friday seeking immediate cost reductions, including pay cuts, from US Airways&#39; labor unions.