US Airways asks judge to order pay cuts
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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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Union workers may face a 23 percent slash in pay; United says it needs cash reserves. United Airways asked a bankruptcy judge to impose a 23 percent pay cut on its union workers, including pilots and attendants.
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US Airways' unions say the bankrupt airline is ''barking up the wrong tree&quot; as it seeks to ensure its solvency by imposing a 23 percent pay cut on its workers.
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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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SAN FRANCISCO (CBS.MW) -- Bankrupt US Airways Group filed a court motion Friday evening seeking permission to make pay cuts totaling $38 million per month, saying that the move is necessary to preserve about 34,000 jobs.
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Troubled airline US Airways says it is to cut pay and posts among its management and non-union workers.
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US Airways asked a bankruptcy court yesterday to throw out contracts covering passenger service agents, flight attendants, mechanics and other workers and replace them with less-expensive ones.
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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 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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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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US Airways (UAIR.O), struggling to avoid a second bankruptcy, has asked pilots for a 16.5 percent pay cut, USA Today reported in its Friday editions.
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US Airways is urging its unions to grant $800 million in cuts to save it from another bankruptcy filing.
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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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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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US Airways will ask the bankruptcy court to temporarily nullify its labor agreements and impose wage cuts if the carrier&#39;s unions do not agree on concessions by Friday, the chief executive told employees yesterday.
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ALEXANDRIA, Va. - A bankruptcy judge granted US Airways authority yesterday to immediately cut the pay of its union workers by 21 percent through mid-February, saying the airline&#39;s situation is so dire that urgent action must be taken.
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SAN FRANCISCO (CBS.MW) -- US Airways Group asked its bankruptcy judge Friday to reject labor contracts with three of its unions representing flight attendants, reservation agents, mechanics, and ramp workers.