US Airways Pilots Approve 18% Pay Cut
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US Airways pilots yesterday approved a five-year, cost-cutting contract that will reduce their pay about 18 percent and save the airline about $1.
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CHICAGO _ The leaders of United Airlines pilots union have agreed to accept a 15 percent pay cut and not oppose the elimination of their pension plan, setting a precedent both
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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 Group Inc., operating under bankruptcy court protection, may agree with pilots as soon as today on $300 million in wage and benefit cuts, the head of the Air Line Pilots Association said.
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Struggling US Airways (UAIR) has asked its pilots to accept a 16.5% pay cut while giving them the chance to recoup some of the money by flying more.
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Bankrupt US Airways Group Inc.  reached a tentative agreement on Friday with negotiators for its pilots union on &#36;300 million in annual concessions.
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Pilots at Northwest Airlines Corp. overwhelmingly ratified a concession package that includes pay cuts of 15 percent, the union said Friday.
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The pilots union at US Airways Group Inc.  on Thursday approved a &#36;300 million concession package, including pay cuts of 18 percent, to help the ailing carrier survive its second bankruptcy in two years.
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The leadership of the pilots&#39; union at US Airways voted late Friday night to hold last-ditch talks with the airline on its bid for wage and benefit cuts.
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Pilots at UAL Corp., parent of bankrupt  United Airlines, on Thursday overwhelmingly ratified a new  contract which will allow the airline to cut wages and get rid  of traditional pensions but will give the pilots future  financial concessions.
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The union representing pilots at ATA Holdings Corp. has approved a tentative agreement on wage cuts that may win up to $6 million in immediate savings for bankrupt ATA Airlines, a union spokesman said on Thursday.
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Description: Delta Airline pilots agree to a 32 percent pay cut to help the airline avoid bankruptcy. Analysts say it&#39;s not yet clear whether those cuts will be enough to put Delta back in the black.
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A bankruptcy judge granted US Airways authority yesterday to temporarily cut the pay of its union workers by 21 percent, comparing the airline&#39;s financial outlook to &quot;a ticking fiscal time bomb.
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ALEXANDRIA, Va. Â· A bankruptcy judge granted US Airways authority Friday 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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ARLINGTON, Va. A US Airways official says the airline and its pilots union agreed early today on a new labor contract a week after the company asked a bankruptcy judge to impose pay cuts.
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Flight attendants at bankrupt US Airways approved a new labor contract Wednesday that cuts their pay by nearly 10 percent, leaving only one union that has refused to accept the cuts the airline says is necessary to avoid imminent liquidation.
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US Airways and its pilots union agreed yesterday on a new labor contract a week after the Arlington carrier asked a bankruptcy judge to force court-ordered pay cuts on employees.