US Airways talks with pilots collapse
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Negotiations between US Airways Group Inc. and its pilots union over labor concessions collapsed Monday. The airline is seeking $295 million in annual concessions from pilots.
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US Airways Group Inc.  issued a general appeal on Tuesday to the carrier's 3,000 pilots after their union's leaders rejected proposed concessions the company says are crucial to avert insolvency.
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US Airways Group Inc, struggling to avert a second bankruptcy filing since 2002, and its pilots union have agreed to resume negotiations on US$295 million in pay-and-benefit cuts.
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SAN FRANCISCO (CBS.MW) - US Airways&#39; pilots union said late Friday it was ready to resume contract talks with company management, a step crucial to the airline&#39;s future.
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The Air Line Pilots Association says the pilots&#39; negotiating committee met with management Sunday, a week after talks broke down.
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WASHINGTON -- US Airways Group Inc. and its pilots union broke off talks on reduced pay and benefits the airline is seeking to avoid a bankruptcy filing, with the union agreeing to take the latest company proposal to its leaders this week.
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Talks aimed at reaching a deal on sharing airline passenger information between the US and EU states break down.
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Negotiations between US Airways  UAIR.O and its pilots union over a new round of steep  concessions collapsed on Monday, heightening pressure on the  carrier as it tries to avert insolvency.
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US Airways Group Inc.&#39;s pilot leaders rejected proposed pay and benefit cuts, possibly derailing the carrier&#39;s plan to wrest $800 million in labor concessions in time to avoid a second bankruptcy filing.
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The US Airways pilots' union said it would resume talks with the airline, which is urging its unions to grant $800 million in cuts to save it from a bankruptcy filing.
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US Airways&#39; pilots union announced that negotiations on pay and benefit cuts broke down yesterday, prompting the carrier&#39;s executives to ask that their latest proposal be taken directly to the union&#39;s leadership for a vote.
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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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Executives of the pilots&#39; union at US Airways (UAIRQ.O: Quote, Profile, Research) ordered their negotiating team on Wednesday to resume talks with the company with the goal of reaching an agreement on concessions.
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Shares of US Airways Group Inc.  UAIR.O slid as much as 23 percent on Tuesday after leaders of  its pilots union rejected the company's latest contract  proposal, dealing a blow to its attempt to avoid a second trip  through bankruptcy.
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Leaders of the US Airways pilots&#39; union have rejected the carrier&#39;s latest contract proposal, hampering the airline&#39;s attempt to avoid filing bankruptcy a second time.
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The pilots union of bankrupt airline US Airways (UAIRQ.O: Quote, Profile, Research) failed over the weekend to agree to a new round of pay cuts and will resume its deliberations on Tuesday, the New York Times reported.
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ARLINGTON, Va. -- Talks between US Airways Group and the union representing pilots have broken down, the Air Line Pilots Association said Monday.