United Airlines Seeks Staff Concessions
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United Airlines is expected to ask a  bankruptcy judge to let it extract new concessions worth $725  million a year from employees as it seeks to reorganize, the  Wall Street Journal reported on Friday, citing unnamed sources.
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United Airlines' flight attendants and pilots ratified new contracts yesterday, agreeing to additional givebacks as the struggling carrier tries to emerge from more than two years of bankruptcy.
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US Airways&#39; (UAIRQ:OTC BB - news - research) passenger service employees approved a package of concessions estimated to save the airline about $137 million a year.
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United Airlines is moving to obtain another $725 million in labor concessions and eliminate employees' traditional pensions as it seeks the financing to come out of bankruptcy.
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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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CHICAGO _ Calling its financial condition &quot;sobering,&quot; United Airlines said Friday that it will seek substantially more cost cuts than previously announced to help the carrier emerge from bankruptcy.
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US Airways pilots 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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US Airways UAIRQ.OB wants a  bankruptcy judge to impose temporary wage and other cost cuts  on its union workers, warning that it only has enough cash to  operate through January.
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Executives of the carrier want to engage in merger discussions with United Airlines and Northwest Airlines as a way to cut costs and stay profitable.
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CHICAGO The union representing United Airlines&#39; flight attendants is calling for new management at the Elk Grove Village-based company.
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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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Attempting to ward off a second bankruptcy filing, management and pilots of US Airways (Nasdaq: UAIR) took discussions of concessions that might keep the airline afloat through this past weekend.
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ARLINGTON, Va. US Airways has asked a bankruptcy judge to impose temporary pay cuts on union workers to conserve cash flow during the slow fall travel season.
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US Airways is asking employees to work pro bono to help with baggage problems.
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Several hundred employees of financially-troubled air carrier US Airways have responded to the airline&#39;s appeal for volunteer labor over the New Year&#39;s holiday weekend.
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United Airlines reaches agreements with pilots and flight attendants on pay cuts which will save the bankrupt airline more than $310m a year.
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United Airlines and American Airlines are offering to support temporary flight caps at O'Hare International Airport, but they want other carriers also to make schedule cuts to ease delays.