US Airways wants court to cut pay
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Troubled airline US Airways asks a court to impose wage cuts of up to 23%, warning it may go into liquidation.
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US Airways UAIRQ.OQ 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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US Airwaysâ unions say the bankrupt airline is âbarking up the wrong treeâ by seeking to ensure its solvency by imposing a 23 percent pay cut on its workers.
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Union workers may face a 23 percent slash in pay; United says it needs cash reserves. United Airways asked a bankruptcy judge to impose a 23 percent pay cut on its union workers, including pilots and attendants.
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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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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.
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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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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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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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Bankrupt US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) on Thursday asked a court to impose wage and benefit cuts on its union employees to save
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The pilots union at US Airways Group Inc. says it will oppose a motion in bankruptcy court expected Friday that will seek immediate pay cuts for its members.
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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 faces a "high probability" of liquidation by mid-February if the temporary pay cuts it requested are not approved by the U.S. Bankruptcy Court.
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US Airways Group Inc. will seek a court injunction to prohibit a strike by disaffected unions that have threatened a walkout if a bankruptcy judge grants the airline's request to cancel their labor contracts.
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A bankruptcy judge granted US Airways authority Friday to immediately cut the pay of its union workers by 21 percent through mid-February, saying the airline&#39;s situation is so dire that urgent action must be taken.
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US Airways plans to ask a federal bankruptcy judge to impose temporary pay cuts on its workers unless it can reach agreement with its unions before then.
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US Airways Group Inc. UAIRQ.PK will  ask a bankruptcy court on Friday to impose emergency pay cuts  of 23 percent on unionized workers, in an effort to help the  No. 7 U.S. airline stay alive.