Judge Rejects United's Deal with Pilots
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A federal bankruptcy judge on Friday  rejected an agreement between UAL Corp. UALAQ.OB and its  pilots union that would have let bankrupt United Airlines cut  pilots' pay by 14 percent and terminate their pension plans.
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A federal judge in Dallas yesterday rejected a $6 million settlement in a shareholder suit that alleged Halliburton Co. engaged in accounting fraud, saying the lead plaintiffs&#39; lawyer mishandled the case and may have settled for too little money.
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The pilots union at US Airways Group Inc. says it will oppose a motion in bankruptcy court expected Friday that will seek immediate pay cuts for its members.
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The New Zealand High Court has declined an appeal by Air New Zealand and Qantas against the Commerce Commission&#39;s original decision to disallow the two airlines&#39; application to form a strategic alliance.
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US Airways' efforts to extract $800 million in cost cuts from its unions and avoid a return to bankruptcy suffered a major setback when a divided pilots union refused to submit a contract proposal to its membership for a vote.
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Delta Air Lines officially rejects an $8bn (Â£4.05bn) merger with US Airways proposed last month.
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A federal bankruptcy judge on Friday  rejected an agreement between UAL Corp. UALAQ.OB and its  pilots union, saying it "unfairly tilted the bankruptcy  process" in favor of the pilots.
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A judge tossed out a deal Friday that United had reached with its pilots union, creating a setback in United's efforts to win the labor-cost savings the carrier says it needs to emerge from bankruptcy protection.
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New Zealand&#39;s High Court rejected a proposed alliance between Air New Zealand Ltd., the nation&#39;s largest airline, and Australia&#39;s Qantas Airways Ltd.
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Qantas Airways Ltd.&#39;s proposed alliance with Air New Zealand Ltd. was rejected by New Zealand&#39;s High Court, the latest blow in the carriers&#39; two-year attempt to team up to cut costs
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A federal judge rejected the cityâs attempt to cap its liability in the Staten Island ferry crash at $14 million.
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A federal bankruptcy judge on Friday agreed to consider a motion by United Airlines to cancel its union contracts to save $725 million annually.
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A federal bankruptcy judge on Friday agreed to consider a motion by United Airlines to cancel its union contracts to save USD$725 million a year.
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A federal judge on Friday  blocked a threatened strike by flight attendants at bankrupt  Northwest Airlines Corp. , saying he needs more time  to consider the matter.
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The pilots union of bankrupt airline US Airways (UAIRQ.O: Quote, Profile, Research) failed over the weekend to agree to a new round of pay cuts and will resume its deliberations on Tuesday, the New York Times reported.
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US Airways Group Inc.'s shares tumbled nearly 9 percent in early trading Tuesday after union leaders representing US Airways pilots rejected sending a management contract proposal to members for possible ratification.
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A judge gave United Airlines another 30 days to come up with a restructuring plan, but warned the airline and its warring unions to cooperate on a solution.