US Airways' Pilots Union to Resume Talks With Airline
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US Airways is urging its unions to grant $800 million in cuts to save it from another bankruptcy filing.
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US Airways Group Inc. and its pilots union have reached a tentative agreement regarding new wage and benefit concessions, an Air Line Pilots Association spokesman said Friday.
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Talks have broken down between US Airways (UAIR:Nasdaq - news - research) and its pilots, putting the carrier another step closer to filing for bankruptcy protection again.
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US Airways Group Inc.'s pilots union said on Wednesday it may agree this week on a plan to cut wages and benefits to help the seventh-biggest U.S. airline avoid a second bankruptcy filing.
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US Airways is in talks with its pilots over pay cuts designed to turn it into a low-cost carrier, but failure could see it return to bankruptcy.
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US Airways pilots resumed negotiations Wednesday with management on a new labor contract with the bankrupt airline, even as the company made clear that it will now be seeking greater concessions.
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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
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US Airways pilots have asked the airline to resume concession talks, but a union leader said Saturday he didn&#39;t expect it to forestall a bankruptcy filing today.
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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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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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Attempting to ward off a second bankruptcy filing, management and pilots of US Airways (Nasdaq: UAIR) took discussions of concessions that might keep the airline afloat through this past weekend.
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Pilots at US Airways Group Inc. are slated hold an emergency meeting Friday, a few days after their union leadership rejected an airline proposal for significant wage and work-rule concessions.
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US Airways and its pilots union are close to reaching a $300 million cost-cutting agreement, a key part of a restructuring plan that the airline says it needs to help it emerge from bankruptcy.
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ith time running out and its future on the line, the US Airways Group will look to the leaders of the pilots&#39; union to do tomorrow what the union&#39;s negotiators refused to do over the weekend
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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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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 and its pilotsÂ union were set to meet, amid resistance to the airlineÂs bid to shrink their already diminished pension plan.