Court Approves US Airways Agreements With GE
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US Airways Group Inc. on Thursday won court approval to move ahead with an aircraft leasing and financing deal that will help the struggling airline lower costs and reduce debt.
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A union representing nearly 6,000 US Airways workers yesterday said it has struck a tentative concession deal with the airline, easing the likelihood
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SAN FRANCISCO (CBS.MW) -- US Airways Group Inc. and its pilots union reached a tentative contract agreement Friday, a crucial step that could help the bankrupt airline avoid liquidation early next year.
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US Airways, which filed for bankruptcy protection in September, on Thursday said it reached agreements with its lenders and lessors that will let it keep flying most of its planes.
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US Airways Group Inc. said on Friday  it reached a tentative agreement with its Air Line Pilots  Association union that would save $300 million annually and  move the bankrupt airline closer to implementing a  transformation plan.
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A U.S. Bankruptcy Court judge Thursday granted US Airways' request to throw out its machinists' contract as part of the airline's effort to cut costs and emerge from bankruptcy protection.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) on Monday said General Electric Co.&#39;s (GE.N: Quote, Profile, Research) GE Commercial Finance has agreed to provide it $500
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ALEXANDRIA, Va. -- US Airways Group Inc. has reached an agreement with its lenders and the US government to extend financing necessary for the bankrupt airline to operate through mid-January, court documents showed Tuesday.
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Bankrupt US Airways received approval yesterday to use $745 million in cash over the next three months, but a US Bankruptcy Court judge gave lawyers
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US Airways reached a tentative $4.5 million cost-cutting agreement with leaders of the union that represents the carrier's 150 flight dispatchers, the airline said yesterday.
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US Airways and its flight attendants appeared closer to agreement Friday after union negotiators approved a tentative contract. The new pact, which now must be approved by the group&#39;s 5,400 members, calls
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General Electric Co.  said on Sunday it had reached tentative agreements on new four-year labor contracts with the national leaders of its two largest unions.
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General Electric Co. yesterday agreed to a settlement with the Securities and Exchange Commission, which accused the company of failing to provide shareholders
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US Airways&#39; pilots union ratified a new labor contract Thursday that the airline says is a critical step to a successful emergence from bankruptcy, with pilots accepting
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US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) reached a tentative deal on Thursday with negotiators for the airline&#39;s flight attendants union for
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The U.S. Bankruptcy Court in New York on Wednesday approved a Delphi Corp  contract with the United Steelworkers union, wrapping up the labor deals the car parts maker needs for its reorganization.
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General Electric Co. GE.N said on  Friday that two private investment firms completed a deal to  buy a majority interest in its India-based back office unit.