Judge OKs Cuts for UAL Pilots, Attendants
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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.
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United Airlines reaches agreements with pilots and flight attendants on pay cuts which will save the bankrupt airline more than $310m a year.
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A federal judge is expected to rule today whether US Airways Group Inc. will be permitted to impose a far-reaching 23 percent employee pay cut.
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CHARLOTTE, N.C. - US Airways and its pilots union agreed on a new labor contract Friday, a week after the company asked a bankruptcy judge to impose pay cuts, the airline said...
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The unraveling of the ailing airline industry picked up speed Friday as a bankruptcy judge granted US Airways authority to temporarily cut the pay of its union workers by 21 percent, comparing the airline&#39;s financial outlook to &quot;a ticking fiscal time bomb
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US Airways and its pilots union agreed early Friday on a new labor contract a week after the company asked a bankruptcy judge to impose pay cuts, a company official said.
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A federal bankruptcy judge on Friday agreed to consider a motion by United Airlines to cancel its union contracts to save $725 million annually.
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Flight attendants at bankrupt US Airways approved a new labor contract Wednesday that cuts their pay by nearly 10 percent, leaving only one union that has refused to accept the cuts the airline says is necessary to avoid imminent liquidation.
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The union representing pilots at ATA Holdings has approved a tentative agreement on wage cuts that may win up to USD$6 million in immediate savings for bankrupt ATA Airlines, a union spokesman said on Thursday.
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CHICAGO - A federal bankruptcy judge approved United Airlines' amended financing plan Friday, rejecting union arguments that United didn't try hard enough to come up with an alternative that would continue company contributions to employee pension funds.    The hearing came a day after the release of court papers in which United warned it likely will have to terminate those pension funds in order to secure the loans it needs to emerge from Chapter 11 bankruptcy...
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ALEXANDRIA, Va. - 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's situation is so dire that urgent action must be taken...
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Pilots at ATA Holdings Corp. ATAHQ.PK  on Monday ratified a labor deal that cuts their pay by 20  percent and saves bankrupt ATA Airlines up to $12 million over  four months while it restructures.
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A bankruptcy judge granted US Airways authority Friday 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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A federal bankruptcy judge on Friday rejected an agreement between UAL Corp.  and its pilots union that would have let bankrupt United Airlines cut pilots' pay by 14 percent and terminate their pension plans.
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UAL Corp.  on Monday announced new cuts in employees' salaries as the parent of United Airlines looks to make &#36;112 million in annual savings and emerge from bankruptcy protection.
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UAL Corp.&#39;s United Airlines said Friday it is following through on its plan to cut $2 billion in costs by cutting back domestic flights and non-union salaries.
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A federal bankruptcy judge ruled against United Airlines on Friday in a procedural dispute, siding with unions who said the company submitted unsubstantiated claims about how employees would be affected if their pension programs were terminated.