US Airways may ask for OK to cut wages
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Labor leaders at US Airways expect management to soon seek bankruptcy court permission to cut wages for members of some of its five unions.
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US Airwaysâ unions say the bankrupt airline is âbarking up the wrong treeâ by seeking to ensure its solvency by imposing a 23 percent pay cut on its workers.
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In bid to stave off a second bankruptcy, airline wants pay concession of 16.5 percent, report says. WASHINGTON  - US Airways, struggling to avoid a second bankruptcy, has asked pilots for a 16.5 percent pay cut, USA Today reported Friday.
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ARLINGTON, Va. -- US Airways Group has asked a bankruptcy judge to impose temporary pay cuts on union workers to conserve cash flow during the slow fall travel season, the company said Saturday.
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Struggling air carrier US Airways (UAIRQ.OQ: Quote, Profile, Research) may petition a bankruptcy court to impose temporary concessions on its unionized workers in the event they fail to agree quickly enough to cost savings
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US Airways is seeking $800 million in concessions from employee unions as it attempts to avoid filing Chapter 11. The Air Line Pilots Association will present its proposal on the evening of
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The machinists can approve the carrier's latest contract proposal and usher in the waves of cuts that come with it. Or they can turn down the contract and open the door to a walkout that could send  US Airways Group Inc. flying into oblivion.
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he pilots&#39; union at US Airways said yesterday that it might be close to reaching an agreement on wage and benefit cuts that the struggling airline contends are necessary to avoid another bankruptcy filing.
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A US Bankruptcy Court judge, in a harsh decision he called critical to US Airways Group's survival, said yesterday the airline could slash pay by 21 percent for its unionized workforce of 25,000.
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ALEXANDRIA, Va. A federal bankruptcy judge is weighing whether to grant US Airways&#39; request to impose 23-percent pay cuts on its workers to shore up its financial position while it reorganizes.
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WASHINGTON  - US Airways, taking punishing losses, asked a bankruptcy judge to let it scrap deals with three unions, terminate pensions with set payouts, and slash health benefits.
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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 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 Group Inc.  will ask a bankruptcy court on Friday to impose emergency pay cuts of 23 percent on unionized workers if an agreement with the workers is not reached during the day.
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US Airways' 28,000 employees waited last night for the airline to file a petition with the judge in its bankruptcy proceeding, seeking to void existing labor contracts and impose a 23 percent pay cut on workers.
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The federal judge overseeing US Airways&#39; bankruptcy petition is reconsidering his decision to allow the airline to cut wages for flight attendants by 21 percent for four months.
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US Airways Group Inc.&#39;s pilots union said on Wednesday it may agree this week on a plan to cut wages and benefits to help the seventh-biggest US airline avoid a second bankruptcy filing.