Pilots ponder US Airways&#39; latest offer
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With only one week remaining for US Airways to avoid another trip through bankruptcy, the pilots union prepared last night to consider a new company cost-cutting
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SAN FRANCISCO (CBS.MW) - Snubbed by its pilots, US Airways Group is scrambling to find cost savings among other union workers to avoid tumbling back into bankruptcy, an event industry analysts warn could come as early as this weekend.
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ARLINGTON, Va. -- As of Thursday afternoon, US Airways and the pilotâs union have not reached a proposal agreement. An agreement is believed to be reached within the next 24 to 48 hours, a union spokesman said.
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US Airways and its pilots union said  on Saturday that they were willing to resume talks over a $295  million package of concessions, as time ran short for the  company to strike giveback deals with its labor groups and  avert another trip into bankruptcy.
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US Airways UAIR.O made a new  proposal to its pilots and flight attendants on Friday for  concessions that could help the company avoid its second  bankruptcy filing in two years, the company and union officials  said.
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Negotiations between US Airways Group Inc. and its pilots union over labor concessions collapsed Monday. The airline is seeking $295 million in annual concessions from pilots.
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com. With its pilots back at the negotiating table and one, albeit small, round of givebacks in the bag, US Airways is hoping for continued good news as it navigates its second bankruptcy filing in two years.
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US Airways&#39; pilots union announced that negotiations on pay and benefit cuts broke down yesterday, prompting the carrier&#39;s executives to ask that their latest proposal be taken directly to the union&#39;s leadership for a vote.
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SAN FRANCISCO (CBS.MW) - US Airways&#39; pilots union said late Friday it was ready to resume contract talks with company management, a step crucial to the airline&#39;s future.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) pilots, who have been negotiating a slew of employment issues with company management, have offered a new contract proposal
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Pilots blazed the trail. Now, reservations and gate agents at US Airways (otc: UAIRQ - news - people ) gave their thumbs-up to a new deal Thursday.
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IMPERIAL, Pa. - The union representing US Airways pilots voted Tuesday to send out a concessionary contract to its 3,200 pilots that is meant to save the troubled airline $300 million a year...
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Talks between US Airways Group Inc. and the Air Line Pilots Association have resumed, the union says. The pilots&#39; negotiating committee met with management Sunday in Virginia, a week after talks broke down.
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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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Leaders of the pilots&#39; union at US Airways said on Friday that they had directed their negotiating team to resume talking with the company over $295 million in labor concessions.
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US Airways&#39; (UAIR:Nasdaq - news - research) shares jumped almost 20% on news that management and pilots were back at the table, trying to hammer out an agreement on work concessions to save the company.
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US Airways Group Inc., acting under Chapter 11 bankruptcy protection, has proposed a 19.5% pay cut for its pilots, The Wall Street Journal reports.