Union Agrees to New Deal With US Airways
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Reservations and gate agents at US Airways approved a new contract Thursday that cuts pay by 13 percent and provides the airline some of the relief it says it needs to avoid imminent liquidation.
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US Airways&#39; (UAIRQ:OTC BB - news - research) passenger service employees approved a package of concessions estimated to save the airline about $137 million a year.
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The union representing 6,000 reservation and customer service agents at US Airways yesterday reached a tentative agreement on a new labor contract, just as attorneys for the airline were seeking
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The pilots union at United Airlines on  Tuesday said its negotiators have reached a tentative contract  deal with the bankrupt No. 2 U.S. airline.
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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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United Airlines, struggling to reorganize after two years in bankruptcy protection, reached a tentative agreement with its pilots&#39; union on additional wage and benefit concessions, the union said yesterday.
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Bankrupt US Airways Group Inc..(UAIRQ.OB: Quote, Profile, Research) said Friday it has reached a new aircraft lease and financing deal with General Electric Co.
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United Airlines, seeking to emerge from Chapter 11 bankruptcy protection, yesterday said it has reached a tentative agreement with its pilots - the first of four major unions to settle with the nation&#39;s second-largest carrier.
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US Airways&#39; pilots voted to approve a new labor agreement yesterday that will reduce their salaries by 18 percent but will save the airline $300 million a year.
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As US Airways confronts the possibility of a second bankruptcy protection filing, the Arlington-based carrier has a new offer for the unions representing its pilots and flight attendants.
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Troubled airline US Airways reaches agreement on a financial package with its biggest creditor but faces a possible strike by flight attendants.
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US Airways Group Inc. said on Friday  it reached a tentative agreement with its Air Line Pilots  Association union that would save $300 million annually and  move the bankrupt airline closer to implementing a  transformation plan.
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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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SAN FRANCISCO (CBS.MW) -- US Airways Group Inc. and its pilots union reached a tentative contract agreement Friday, a crucial step that could help the bankrupt airline avoid liquidation early next year.
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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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The Wall Street Journal reports that the carrier&#39;s largest creditor has agreed to an aircraft leasing and financing deal that would give US Airways a financial lifeline.
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U.S. and European Union officials have tentatively agreed to a new deal that would enable the U.S. to continue collecting personal information about the passengers on incoming flights from EU countries.