US Airways says it&#39;s ready to proceed with cuts in worker pay ...
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US Airways Group Inc. is proceeding with plans to seek bankruptcy court permission to cut employee pay and benefits, Chief Executive Bruce Lakefield said in a recorded message to workers.
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UAL Corp.&#39;s United Airlines said Friday it is following through on its plan to cut $2 billion in costs by cutting back domestic flights and non-union salaries.
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ARLINGTON, Va. - The union for 5,800 US Airways Group Inc. customer-service and reservation agents said it reached agreement on pay and benefit cuts the airline had sought to help emerge from bankruptcy.
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ALEXANDRIA, Va. -- US Airways asked a bankruptcy judge yesterday to cancel labor contracts with three of its unions and impose much lower pay so it can move ahead with a plan to permanently cut costs, reposition itself as a low-cost carrier, and avoid a possible liquidation.
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Bankrupt US Airways, the largest carrier at LaGuardia Airport, said yesterday it has reached a tentative agreement on $94 million in cuts with the union representing its flight attendants.
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Flight attendants at bankrupt US Airways approved a new labor contract Wednesday that cuts their pay by nearly 10 percent, leaving only one union that has refused to accept the cuts the airline says is necessary to avoid imminent liquidation.
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US Airways Group Inc. on Thursday said it reached a tentative agreement with the union representing its flight attendants for a work contract that would save the airline about $94 million.
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US Airways Group Inc.'s UAIR.O  chairman said employees must agree to $800 million in new wage  and benefit cuts within 30 days or the airline might be  liquidated, the New York Times said on Thursday, citing an  interview with Chairman David Bronner.
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US Airways will ask the bankruptcy court to temporarily nullify its labor agreements and impose wage cuts if the carrier's unions do not agree on concessions by Friday, the chief executive told employees yesterday.
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US Airways employees have already survived two rounds of cuts to salaries, benefits and in some cases, rank. Thousands have been laid off.
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ARLINGTON, Va. US Airways chief executive Bruce Lakefield says the airline will ask a bankruptcy judge to impose large temporary pay cuts on its union workers.
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US Airways chief executive Bruce Lakefield said he would ask a bankruptcy court judge to slash union workers&#39; pay by 23 percent and reduce or eliminate employee retirement benefits.
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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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NEW YORK, December 24  - The customer service and reservation agents of US Airways Group (USG.FSE) have agreed to a 13% pay cut and the elimination of some jobs to help the company generate annual cost savings of $137 million and avoid
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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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Pilots at US Airways have voted in favour of giving $300 million in annual wage and benefit concessions to the struggling airline, becoming the first major labor group to accept permanent cuts, the union representing pilots said.
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US Airways Group Inc. met Monday with two unions to try to agree on concessions before an Oct. 7 hearing at which a bankruptcy judge could let the carrier temporarily reduce pay by 23 percent.