United requests OK to cut wages
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Struggling United Airlines is rushing to again slash wages and to terminate pension plans in a bid to stem cash drain and satisfy lenders.
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United Airlines said yesterday that further job cuts will be necessary as it continues slashing costs in order to get out of bankruptcy.
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US Airways asked a bankruptcy judge Friday to cancel labour contracts with three of its unions and impose much lower pay so it can move ahead with a plan to permanently cut costs, reposition
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Bankrupt United Airlines said on Friday  it needs more labor cost cuts on top of any gains from  terminating employee pensions and expects to move toward  voiding its labor contracts in early November.
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S Airways plans to ask a federal bankruptcy judge on Oct. 7 to impose temporary pay cuts on its workers unless it can reach agreement with its unions before then, people who have been briefed on the company&#39;s strategy said yesterday.
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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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Continental Airlines said Thursday it is seeking $500 million more in cuts in wages and benefit reductions. The company said the move is necessary - on top of more than $1.1 billion in
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Bankrupt US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) on Thursday asked a court to impose wage and benefit cuts on its union employees to save
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US Airways plans to ask a federal bankruptcy judge to impose temporary pay cuts on its workers unless it can reach agreement with its unions before then.
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CHICAGO A bankruptcy judge in Chicago has given United Airlines more time to negotiate with its unions on proposed cuts in labor costs.
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UAL Corp., parent of United Airlines, asked a bankruptcy court Wednesday to terminate its union contracts if the carrier can&#39;t get an additional $725 million in cost savings from employees by mid-January.
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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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United Airlines&#39; union leaders huddled Friday to decide how to respond after the company signaled its intent to impose an additional $725 million in labor cuts and eliminate traditional pension plans.
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Pay and benefits are included in the proposal to pare another $2 billion in annual costs. United Airlines, still trying after two years to emerge from bankruptcy, officially proposed terminating its employee
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UAL Corp.&#39;s United Airlines said Friday it is following through on its plan to cut $2 billion in costs by cutting back domestic flights and non-union salaries.
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United Airlines is moving to obtain another $725 million in labor concessions and eliminate employees&#39; traditional pensions as it seeks the financing to come out of bankruptcy.
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UAL Corp. asked a US bankruptcy judge in Chicago Wednesday to let it reject contracts with its six labor unions if it can&#39;t reach agreements with the workers on