US Airways Makes New Proposal to Key Unions
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Pressured by the prospect of bankruptcy, US Airways Group Inc. proposed last-ditch cost-saving offers to its pilots and flight attendants unions yesterday.
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Pilots at US Airways Group Inc. resumed negotiations Wednesday with management on a new labor contract with the bankrupt airline, even as the company made clear that it will now be seeking greater concessions.
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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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US Airways asked to throw out contracts covering passenger service agents, flight attendants and other workers and replace them with less-expensive ones.
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The governing body of US Airways pilots&#39; union said Wednesday it authorized its negotiating committee to restart talks with the airline regarding a new labor pact.
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arring a last-minute change of heart by its recalcitrant unions, US Airways appears all but certain to seek bankruptcy protection on Sunday, people briefed on the situation said yesterday.
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US Airways Group Inc. UAIR.O  issued a general appeal on Tuesday to the carrier's 3,000  pilots after their union's leaders rejected proposed  concessions the company says are crucial to avert insolvency.
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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.
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The union representing US Airways&#39; (USAIRQ.OB:OTC-BB - news - research) passenger service employees said it has reached a tentative labor agreement with the bankrupt carrier.
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US Airways and its pilots union agreed yesterday on a new labor contract a week after the Arlington carrier asked a bankruptcy judge to force court-ordered pay cuts on employees.
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Negotiations between US Airways&#39; (UAIR:Nasdaq - news - research) management and pilots continued to show progress, with the pilots union expected to give the company another proposal Friday afternoon.
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The Association of Flight Attendants, representing workers at United Airlines, US Airways Group Inc. and 24 other carriers, plans to call for a nationwide strike if any
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ALEXANDRIA, Va. -- US Airways asked a bankruptcy judge yesterday to cancel labor contracts with three of its unions and impose much lower pay so it can move ahead with a plan to permanently cut costs, reposition itself as a low-cost carrier, and avoid a possible liquidation.
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US Airways (UAIRQ.OB:OTC BB - news - research) wants a federal judge to tear up contracts with three of its unions, reduce retiree health benefits and cancel its remaining defined-benefit pension plans.
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British Airways makes a 'significant'  new pay offer to unions to avoid a strike over the August bank holiday.
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Flight attendants at US Airways  on Sunday said they had rejected a new proposal by the airline on cuts in wages and benefits which they said fail to improve on sick leave and reserve policies.
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WASHINGTON -- US Airways Group Inc. and its pilots union broke off talks on reduced pay and benefits the airline is seeking to avoid a bankruptcy filing, with the union agreeing to take the latest company proposal to its leaders this week.