Comair seeks to cut pilot pay
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Delta Air Lines Inc.'s bankrupt commuter unit, Comair Holdings, told a judge it needs to throw out a labor agreement with pilots and impose $15.8 million in pay and benefit cuts to ensure the company's survival.
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Pilots at United Airlines face a 15 percent pay cut, their second double-digit wage reduction in two years, and will not further resist the company&#39;s elimination of traditional pensions under a tentative contract agreement made public Friday.
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Delta Air Lines Inc. DAL.N on Tuesday  said it will reduce executive and employee pay by 10 percent  starting in January and its CEO will go unpaid for the rest of  the year as it tries to cut costs to avert bankruptcy.
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The Comair Flight 5191 crew began the day by powering up the wrong plane. Then they took off down the wrong runway. The lone air traffic controller, working alone in violation of FAA policy, had turned his back to do other duties. Investigators are uncovering a series of mistakes before the plane crashed, killing 49 people.
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One Comair flight from the Wilkes-Barre/Scranton International Airport was canceled and another one took off two hours late on Monday, Airport Director Barry Centini said.
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American Airlines, the world&#39;s largest airline and a major supplier of passenger transport to Hawaii, has announced plans to furlough 450 pilots and 650 mechanics over the next few months because of soaring jet fuel costs.
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The troubled airline has scored a money-saving pact with its pilots. But to avert a bankruptcy, more savings are needed. After more than a year of bargaining and some very high-pressure negotiating sessions
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Cost cuts are part of its effort to avoid bankruptcy; CEO will skip salary for the remainder of &#39;04. CHICAGO  - Delta Air Lines said Tuesday it would reduce the pay of executives and frontline employees by 10 percent as of Jan.
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Northwest Airlines Corp. pilots will take a 15-percent pay cut during the next two years to help the airline survive in an industry beset by high fuel prices and low-cost competition.
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Delta Air Lines pilots have agreed to slash their salaries by nearly a third and forgo pay raises for five years to help the struggling airline avoid bankruptcy, their union announced Thursday.
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SAN FRANCISCO (CBS.MW) -- Pilot leaders at United Airlines unanimously endorsed a tentative agreement that will cut pay by 15 percent, opting to accept management&#39;s demands rather than risk the chance of losing more in federal bankruptcy court.
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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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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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Airline says it will need $1B in concessions from pilots, about two-thirds of which would come from pay cuts, to avoid filing for bankruptcy protection.
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LEXINGTON, Ky., Aug. 30 -- As federal authorities continue their investigation into Sunday's Comair jet crash that killed 49 people, independent safety experts said it is likely that a series of seemingly small events and decisions -- rather than any large single blunder -- led the pilots to...
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LEXINGTON, Ky., Aug. 29 -- An air-traffic controller working alone cleared a Comair regional jet to take off and then turned his back, not seeing the plane head down the wrong runway and crash, killing 49 people in the worst U.S. aviation accident in nearly five years, authorities said Tuesday.
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HEBRON, Ky. -- Comair&#39;s computers have been rebooted and the airline hopes to have its flight schedule back at normal by Wednesday.