US Airways to Cut Management Pay, Benefit
68870
US Airways announced plans Tuesday to cut $45 million a year in pay and benefits to roughly 3,700 management employees, a move the airline hopes will convince its union employees to collectively accept $950 million in annual cost cuts.
283412
NEW YORK, December 24  - The customer service and reservation agents of US Airways Group (USG.FSE) have agreed to a 13% pay cut and the elimination of some jobs to help the company generate annual cost savings of $137 million and avoid
449968
US Airways Group Inc., which filed for Chapter 11 bankruptcy protection last month, will eliminate hundreds of management and nonunion jobs and impose wage cuts to save $45 million a year.
358359
ALEXANDRIA, Va. -- A US bankruptcy judge threw US Airways a lifeline Friday, imposing a four-month, 21 percent wage cut on the floundering airline&#39;s 28,000 union employees.
649507
A bankruptcy judge granted US Airways authority today to immediately cut the pay of its union workers by 21 percent, saying the airline's situation is so dire that urgent action must be taken.
668671
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
413728
SAN FRANCISCO (CBS.MW) -- UAL Corp, parent of United Airlines, said late Monday it will cut pay of salaried workers and management beginning Jan. 1 as part of its goal to emerge from bankruptcy.
544447
US Airways Group Inc. and its pilots union said they may agree by today on a plan to cut $295 million in wages and benefits to help the carrier avoid a second bankruptcy filing.
388765
Bankrupt US Airways Group. Inc.  said on Monday it would eliminate hundreds of management and nonunion jobs and impose wage and other cuts to save more than &#36;45 million annually as it tries to overhaul its business and survive.
359714
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.
74598
US Airways, in its latest effort to cut costs under bankruptcy protection, is stripping former executives and board members of their ability to travel free in first class, the airline said yesterday.
318071
Flight attendants at US Airways Monday voted to strike if the carrier throws out a labor contract in order to secure $150 million in job, wage and benefit reductions.
447961
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.
604930
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.
513134
ALEXANDRIA, Va. &#151; US Airways Group Inc. warned in a bankruptcy court filing that it may have to liquidate by February if a judge does not impose a temporary 23 percent pay cut on its union workers.
13359
US Airways&#39; pilots voted to approve a new labor agreement yesterday that will reduce their salaries by 18 percent but will save the airline $300 million a year.
304106
US Airways Group Inc.&#39;s (UAIR.O: Quote, Profile, Research) chairman said employees must agree to $800 million in new wage and benefit cuts within 30 days or the airline might be liquidated, the New York Times said on Thursday, citing ...