USAir Asks Court for 23 Pct Union Pay Cut
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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.
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Bankrupt US Airways UAIRQ.OB  sought consent from its big unions on Wednesday for temporary  relief from contracts and threatened to go to court to force  changes if workers did not voluntarily agree.
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S Airways said yesterday that it would ask a bankruptcy judge to approve emergency pay cuts - which its unions said would be 23 percent - and other moves to raise cash.
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US Airways Group Inc. has told a judge in US Bankruptcy Court it needs an answer by the end of next week on its proposal to cut employee pay 23% or it faces possible liquidation, the Associated Press reports.
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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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ALEXANDRIA, Va. &#151; US Airways Group Inc. warned in a bankruptcy court filing that it may have to liquidate by February if a judge does not impose a temporary 23 percent pay cut on its union workers.
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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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United Airlinesâ union leaders huddled Friday to decide how to respond after the company signaled its intent to impose an additional $725 million in labor cuts and eliminate traditional pension plans.
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US Airways employees are earning less. A federal bankruptcy judge has given the troubled airline permission to cut the pay off its union employees by 21 percent immediately.
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The union for United Airlinesâ flight attendants promised Friday to fight the company âover every dimeâ of its plan to impose an additional $725 million
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A bankruptcy judge granted US Airways authority today to immediately cut the pay of its union workers by 21 percent, saying the airline's situation is so dire that urgent action must be taken.
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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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ALEXANDRIA, Va. A federal bankruptcy judge is weighing whether to grant US Airways&#39; request to impose 23-percent pay cuts on its workers to shore up its financial position while it reorganizes.
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US Airways (UAIRQ.OB:OTC BB - news - research) wants a federal judge to tear up contracts with three of its unions, reduce retiree health benefits and cancel its remaining defined-benefit pension plans.
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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 announced plans 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 employees to collectively accept $950 million in annual cost cuts.
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US Airways asked a bankruptcy judge yesterday to cancel labor contracts with three of its unions and impose much lower pay so it