UAL Pilots, Attendants OK Wage Cuts
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The pilots and flight attendants at  bankrupt UAL Corp. UALAQ.OB on Monday ratified wage-cut deals  worth $311 million annually to United Airlines, possibly moving  the carrier closer to a Chapter 11 exit.
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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 Group Inc. and its pilots union said they may agree by today on a plan to cut $295 million in wages and benefits to help the carrier avoid a second bankruptcy filing.
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US Airways and its pilots&#39; union reached a tentative agreement yesterday on $300 million in annual wage and benefit cuts, after weeks of debate inside the union over whether to grant concessions to the troubled airline.
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The union that represents pilots at United Airlines said yesterday that it had struck a deal that would allow the airline to terminate the pilots&#39; ailing pension plan and partly compensate them for the loss.
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UAL Corp. UALAQ.OB on Monday  announced new cuts in employees' salaries as the parent of  United Airlines looks to make $112 million in annual savings  and emerge from bankruptcy protection.
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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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United Airlines, seeking cost cuts to help it get out of bankruptcy, has reached a tentative agreement with its pilots union, the first labor accord on additional concessions the carrier proposed last month.
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Members of the United Auto Workers union have approved a broad wage-cut agreement with Delphi Corp., the nation's largest auto-parts supplier, union officials said today.
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Pilots at US Airways voted to give the bankrupt airline $300 million in annual wage and benefit concessions, their union said Thursday, making it the first major union at the airline to agree to permanent cutbacks.
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An expert says the agreement probably will make it easier to reach cost-cutting deals with the ailing carrierâs other unions. United Airlines is making headway in its efforts to trim labor costs by $725
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Pilots at Northwest Airlines Corp. overwhelmingly ratified a concession package that includes pay cuts of 15 percent, the union said Friday.
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NOVEMBER 12, 2004 -- The union representing Delta Air Lines&#39; pilots yesterday announced its membership had widely approved an agreement that cuts the carrier&#39;s labor costs by $1 billion annually.
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UAL Corp. on Monday won court approval  for wage cuts for United Airlines' pilots and flight attendants  worth $311 million annually, clearing a hurdle in its bid to  exit bankruptcy protection by the year-end.  The rulings by U.S. Bankruptcy Court Judge Eugene Wedoff move  United UALAQ.OB a step closer to achieving $725 million  in  annual labor savings it says it needs to exit Chapter 11.
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The union representing pilots at ATA  Holdings Corp. has approved a tentative agreement on wage cuts  that may win up to $6 million in immediate savings for bankrupt  ATA Airlines, a union spokesman said on Thursday.
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The Association of Flight Attendants  said its union leaders unanimously authorized a strike vote on  Tuesday that will begin immediately at bankrupt U.S. carriers,  including UAL Corp.'s United Airlines and US Airways Group Inc.
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United Airlines on Tuesday announced it has secured a tentative contract agreement with its pilots. The agreement makes the pilots the first of United&#39;s four big unions to come to initial terms.