US Airways Says Must Cut Union Contracts
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ALEXANDRIA, Va.  - US Airways UAIRQ.OB reached a  tentative agreement on Thursday with the union representing  more than 5,000 customer service workers, and continued talks  with two other big labor groups about steep givebacks to keep  the airline flying past January.
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US Airways announced plans Tuesday to cut $45 million a year in pay and benefits to roughly 3,700 management employees, a move the airline hopes will convince its union
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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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Labor leaders at US Airways expect management to soon seek bankruptcy court permission to cut wages for members of some of its five unions.
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A U.S. Bankruptcy Court judge Thursday granted US Airways' request to throw out its machinists' contract as part of the airline's effort to cut costs and emerge from bankruptcy protection.
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US Airways (UAIR.O), struggling to avoid a second bankruptcy, has asked pilots for a 16.5 percent pay cut, USA Today reported in its Friday editions.
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US Airways' unions say the bankrupt airline is ''barking up the wrong tree&quot; as it seeks to ensure its solvency by imposing a 23 percent pay cut on its workers.
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US Airways  has asked a bankruptcy judge to approve temporary wage and other cost cuts from its unions, saying it only has enough cash to survive through January 2005.
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Bankrupt US Airways is giving flight attendants, machinists and passenger service workers three weeks to reach consensual cost-cutting pacts before the airline asks
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US Airways Group Inc.  will ask a bankruptcy court on Friday to impose emergency pay cuts of 23 percent on unionized workers if an agreement with the workers is not reached during the day.
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US Airways UAIR.O, struggling to  avoid a second bankruptcy, has asked pilots for a 16.5 percent  pay cut, USA Today reported in its Friday editions.
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Bankrupt United Airlines (UALAQ.OB: Quote, Profile, Research) said on Friday it needs labor cost cuts on top of any gains from terminating employee pensions and expects to move toward voiding its labor contracts in early November.
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SAN FRANCISCO (CBS.MW) -- US Airways Group asked its bankruptcy judge Friday to reject labor contracts with three of its unions representing flight attendants, reservation agents, mechanics, and ramp workers.
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Pressured by the prospect of bankruptcy, US Airways Group Inc. proposed last-ditch cost-saving offers to its pilots and flight attendants unions yesterday.
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US Airways chief executive Bruce Lakefield said Friday the airline would, as expected, ask a bankruptcy judge to impose temporary pay cuts on its union workers to conserve cash during the slow fall travel season.
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US Airways Group Inc.&#39;s (UAIR.O: Quote, Profile, Research) 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
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US Airways (UAIRQ.OQ: Quote, Profile, Research) has asked a bankruptcy judge to approve temporary wage and other cost cuts from its unions, saying it only has enough cash to survive through January 2005.