US Airways pilots agree to $1.85B in wage cuts
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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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Bankrupt US Airways took a crucial  step toward securing $300 million in concessions from its  pilots union late on Tuesday when leaders of the labor group  said they would forward a plan to cut wages and benefits to all  pilots for a vote.
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he pilots&#39; union at US Airways said yesterday that it might be close to reaching an agreement on wage and benefit cuts that the struggling airline contends are necessary to avoid another bankruptcy filing.
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Bankrupt US Airways Group Inc.  reached a tentative agreement on Friday with negotiators for  its pilots union on $300 million in annual concessions, the  company and the labor group said.
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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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Delta Air Lines Inc., the third-largest US carrier, reached a tentative agreement with its pilots union on pay reductions, according to a statement by the union.
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Fears of a possible airline strike during the Christmas holiday eased yesterday when US Airways ground employees agreed to take 13 percent pay cuts to help bail out their employer.
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US Airways Group Inc.&#39;s pilots union said on Wednesday it may agree this week on a plan to cut wages and benefits to help the seventh-biggest US airline avoid a second bankruptcy filing.
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The pilots union at Northwest Airlines Corp. (NWAC.O: Quote, Profile, Research) , the No. 4 US air carrier, ratified a $265 million concession package that includes 15 percent pay cuts, the union said on Friday.
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The pilots at bankrupt UAL Corp.  UALAQ.OB on Monday ratified a tentative labor deal that will  allow United Airlines to save $180 million annually, a  spokesman for the pilots' union said.
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CHARLOTTE, N.C. - US Airways and its pilots union agreed on a new labor contract Friday, a week after the company asked a bankruptcy judge to impose pay cuts, the airline said...
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Pilots at ATA Holdings Corp. ATAHQ.PK  on Monday ratified a labor deal that cuts their pay by 20  percent and saves bankrupt ATA Airlines up to $12 million over  four months while it restructures.
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Delta&#39;s pilots union said today that it has tentatively agreed to the full $1 billion in wage and benefit reductions the airline said it needs to help it avoid bankruptcy.
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The union representing US Airways pilots voted yesterday to send a concessionary contract, meant to save the troubled airline $300 million a year, to its 3,200 pilots for a vote.
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SAN FRANCISCO (CBS.MW) -- Pilots at Northwest Airlines approved a $265 million pay cut package, the Air Line Pilots Association said Friday.
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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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US Airways was locked in tough bargaining on wage and benefit cuts with its pilots union, whose backing is critical for the struggling airline to avoid another bankruptcy filing.