30 More Days of Exclusivity for UAL OK'd
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A U.S. bankruptcy court judge on Friday  granted United Airlines another 30 days of exclusivity, giving  it until the end of September to file its own reorganization  plan without competing plans from creditors.
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(September 11, 2004) - US Airways made a last-ditch contract offer to the union that represents its pilots Friday as the airline tries to avoid a second bankruptcy filing that may be just be days away.
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The pilots and flight attendants at  bankrupt UAL Corp. on Monday ratified wage-cut deals worth $311  million annually to United Airlines, possibly moving the  carrier closer to a Chapter 11 exit.
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A bankruptcy court judge granted United Airlines another 30-day extension Friday to file its reorganization plan. Judge Eugene Wedoff extended the deadline until Oct. 31 for United to submit
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Kidde moved a step closer yesterday to being bought by America&#39;s United Technologies, which increased its offer for the UK fire extinguisher maker to Â£1.39bn.
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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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The US Airways pilots&#39; deal extends through 2009. Along with an 18 percent pay cut, pilots will have to fly more hours each month, likely resulting in more furloughs.
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ALEXANDRIA, Va.  - US Airways UAIRQ.OB reached a  tentative agreement on Thursday with the union representing  more than 5,000 customer service workers, and continued talks  with two other big labor groups about steep givebacks to keep  the airline flying past January.
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UAL Corp., the bankrupt parent of United Airlines, on Wednesday said it would reduce U.S. flights and increase capacity on more lucrative international routes, in keeping with its aggressive cost-cutting efforts.
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CHICAGO United Airlines says it will need even more labor cuts than anticipated to get out of bankruptcy. United told a bankruptcy court judge in Chicago today that it intends to start talks with unions next month on a new round of cost savings.
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Travelers flying US Airways during the coming holidays can breathe a little easier. The threat of labor-related disruptions has eased ... for the moment. Expanded hearings next month have decreased the likelihood
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The pilots at bankrupt UAL Corp.  UALAQ.OB on Monday ratified a tentative labor deal that will  allow United Airlines to save $180 million annually, a  spokesman for the pilots' union said.
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United Airlines on Friday said it had  agreed with its creditors' committee to a 30-day extension,  subject to court approval, of the period during which it can  exclusively file a bankruptcy reorganization plan.
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US Airways Group Inc.&#39;s (UAIR.O: Quote, Profile, Research) chairman said employees must agree to $800 million in new wage and benefit cuts within 30 days or the airline might be liquidated, the New York Times said on Thursday, citing ...
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Several lenders to bankrupt air carrier US Airways (UAIRQ.OB: Quote, Profile, Research) agreed to extend the terms of their financing arrangement to mid-January, the Wall Street Journal reported on Tuesday, citing unnamed
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American engineering group United Technologies (UTC) yesterday moved a step closer to buying fire extinguisher maker Kidde. Kidde confirmed it was planning to open its books to UTC after receiving a revised 165p-a-share offer from the group.
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The Boeing Co. landed a 30-jet 7E7 deal Wednesday, and a spokeswoman hinted that more orders are in the offing between now and Dec. 31.