US Airways seeks end of labor pacts
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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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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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U.S. airline labor unions, hungry to reclaim wage and benefit concessions, are busily issuing demands in exchange for their support for a potential merger, as they try to influence back-room talks.
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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 Airways will ask a bankruptcy court judge to impose emergency pay cuts of 23 percent on its major unions, according to a newspaper report late on Thursday.
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A major union at US Airways (UAIRQ.OB: Quote, Profile, Research) positioned itself on Tuesday for a possible strike if the airline throws out union contracts to save money.
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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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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.
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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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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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The head of the mechanics union at US Airways said yesterday the group is not optimistic about reaching an agreement with the airline before a critical hearing Thursday and raised the prospect that the unit could walk off the job if a court allows the current labor contract to be voided.
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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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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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US Airways Group Inc. UAIRQ.PK will  ask a bankruptcy court on Friday to impose emergency pay cuts  of 23 percent on unionized workers, in an effort to help the  No. 7 U.S. airline stay alive.
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Bankrupt US Airways Group. Inc.  UAIRQ.OB said on Monday it would eliminate hundreds of  management and nonunion jobs and impose wage and other cuts to  save more than $45 million annually as it tries to overhaul its  business and survive.
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US Airways  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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US Airways chief executive Bruce Lakefield said he would ask a bankruptcy court judge to slash union workers&#39; pay by 23 percent and reduce or eliminate employee retirement benefits.