2 Airlines&#39; New Cuts Target Executives
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US Airways intends to slash its executive payroll by 20 percent, reducing the pay and benefits for its 3,000 managers and eliminating some positions, sources familiar with the plan said yesterday.
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The two major US airlines in bankruptcy have made tough choices about jobs and wages while largely protecting the free tickets and other perks offered to their frequent fliers.
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For business executives, corporate jets are the way to fly. But airline groups and the FAA want these private planes to contribute more to aviation costs
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Three of the nation's largest airlines announced steep cost and job cuts yesterday in an effort to return to profitability and better position themselves for long-term survival.
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Delta Air Lines DAL.N on Tuesday said  it would reduce the pay of executives and frontline employees  by 10 percent as of Jan. 1 as part of its drive to slash costs  and avoid bankruptcy.
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Bowing to pressure from the US Department of Transportation, airlines that serve Chicago have agreed to cut the number of flights they send to O&#39;Hare International Airport. The two most affected airlines are the only two that fly nonstop between O&#39;Hare ...
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United Airlines said it will need to cut more than $1 billion from its annual costs, a much higher figure than previous estimates.
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BAA, the main operator of Britain&#39;s airports, is planning to cut 2,000 jobs in a bid to cut costs after its Spanish owner Ferrovial told its seven British airports to conduct cost and staffing reviews, The Times reported on Thursday.
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Delta Air Lines  on Tuesday said it would reduce the pay of executives and frontline employees by 10 percent as of Jan. 1 as part of its drive to slash costs and avoid bankruptcy.
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US Airways Group Inc. plans to eliminate &quot;hundreds&quot; of management and nonunion jobs and cut top executives&#39; pay by between 5 and 10 percent, the airline told its employees yesterday.
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Several airlines are aggressively cutting fares in hopes of beating back tough competition for holiday passengers.
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Three executives at Aer Lingus are to leave the state carrier earlier after accusations of a conflict of interest.
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Troubled US Airways is to cut hundreds of management and non-union jobs, and cut wages, in a bid to save $45m (Â£25.2m) a year towards its survival.
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Airlines are slashing costs and planning to eliminate jobs, admitting that they expect to post weak results in the fourth quarter and see a bleak start to 2005.
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WASHINGTON  Under threat of federally mandated flight cuts, airlines serving the jammed O&#39;Hare Airport have agreed to reduce peak-hour operations starting this fall.
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A new round of merger talks in the airline industry is causing concern about rising fares and reduced air service to smaller destinations.
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Continental Airlines said Tuesday it will cut pay and benefits for managers and clerical workers by $48 million. The announcement marks the first specifics outlined by Houston-based Continental