US Air asks judge to drop labor deals
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SAN FRANCISCO (CBS.MW) -- US Airways Group asked its bankruptcy judge Friday to reject labor contracts with three of its unions representing flight attendants, reservation agents, mechanics, and ramp workers.
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US Airways will ask the bankruptcy court to temporarily nullify its labor agreements and impose wage cuts if the carrier's unions do not agree on concessions by Friday, the chief executive told employees yesterday.
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Flight attendants at US Airways Monday voted to strike if the carrier throws out a labor contract in order to secure $150 million in job, wage and benefit reductions.
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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&#39;s situation is so dire that urgent action must be taken.
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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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ALEXANDRIA, Va. - A bankruptcy judge granted US Airways authority yesterday 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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A U.S. Bankruptcy Court judge Thursday granted US Airways' request to throw out its machinists' contract as part of the airline's effort to cut costs and emerge from bankruptcy protection.
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ALEXANDRIA, Va. Â· 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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A bankruptcy judge today begins hearings on US Airways&#39; request to reject its union contracts and impose $1 billion in wage and benefits cuts on 28,000 workers.
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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 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
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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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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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ALEXANDRIA, Va. US Airways is warning a bankruptcy judge that it may have to liquidate as soon as February unless the judge imposes temporary pay cuts of 23 percent on the airline&#39;s union workers.
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The federal judge overseeing US Airways&#39; bankruptcy petition is reconsidering his decision to allow the airline to cut wages for flight attendants by 21 percent for four months.
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US Airways met with two unions yesterday to try to agree on concessions before an Oct. 7 hearing at which a bankruptcy judge may let the carrier temporarily reduce pay 23 percent to help avoid potential liquidation.
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ALEXANDRIA, Va.  - US Airways Group Inc. UAIR.O,  trying to raise money and avoid liquidation, on Monday asked a  judge for permission to skip a big pension payment due this  week, in its first move since filing for protection against  creditors over the weekend.