US Airways Reaches Deal With Pilots
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US Airways and its pilots union agreed early Friday on a new labor contract a week after the company asked a bankruptcy judge to impose pay cuts, a company official said.
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US Airways' pilots' union ratified a new labor contract Thursday that will cut their base pay by 18 percent and save the airline $300 million a year.
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US Airways Group Inc. pilots approved a plan Thursday to cut pay and benefits $1.85 billion over five years to provide savings the airline said it needs to emerge from bankruptcy-court protection.
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Negotiators for United Airlines and its pilots' union have reached a tentative agreement on a new contract, the union said Tuesday. Details were not disclosed
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Pilots at US Airways on Thursday  ratified a concession package that includes pay cuts of 18  percent, a decrease in company contributions to their  retirement plan and increased pilot productivity.
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The Wall Street Journal reports that the carrier&#39;s largest creditor has agreed to an aircraft leasing and financing deal that would give US Airways a financial lifeline.
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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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ARLINGTON - US Airways, in bankruptcy for a second time, said Friday it reached a deal with its pilots on a plan to save the struggling carrier some $300 million a year.
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US Airways Group Inc. and its pilots union agreed to resume negotiations on wage and benefits cuts the carrier is seeking to operate during bankruptcy protection.
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United Airlines, seeking to emerge from Chapter 11 bankruptcy protection, yesterday said it has reached a tentative agreement with its pilots - the first of four major unions to settle with the nation&#39;s second-largest carrier.
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US Airways reached a tentative agreement with the leaders of its pilots union on $300 million in annual concessions yesterday, a deal that would result in the pilots permanently losing 17.5 percent of their salaries in exchange for a chance to save the airline and their jobs.
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US Airways&#39; pilots union ratified a new labor contract Thursday that the airline says is a critical step to a successful emergence from bankruptcy, with pilots accepting
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US Airways and its pilots union reached tentative agreement today on $300 million in wage and benefit cuts, after weeks of debate inside the union over whether to grant the cuts to the bankrupt airline.
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Negotiations between US Airways&#39; (UAIR:Nasdaq - news - research) management and pilots continued to show progress, with the pilots union expected to give the company another proposal Friday afternoon.
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US Airways reached a tentative $4.5 million cost-cutting agreement with leaders of the union that represents the carrier's 150 flight dispatchers, the airline said yesterday.
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US Airways Group has given its pilots about one week to negotiate a contract yielding up to $295 million a year in wage and benefit concessions, the union said Tuesday, or the airline could ask a bankruptcy judge to impose such terms.
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US Airways Group Inc. said Thursday has reached agreements with its lenders and lessors for continued use and operation of substantially all of its mainline and Express fleet.