Pilots&#39; union accepts pay cuts from US Airways
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Pilots at US Airways narrowly approved $300 million in wage and benefit cuts today, making the Air Line Pilots Association the first major union representing US Airways workers to agree to permanent concessions.
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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
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The leaders of United Airlines pilots union have agreed to accept a 15 percent pay cut and not oppose the elimination of their pension plan, setting a precedent
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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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WASHINGTON -- US Airways and the lead negotiators of its pilots union reached a tentative, $300 million annual cost-cutting agreement early Friday morning, a move that the airline says will help it emerge from bankruptcy.
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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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Shares of US Airways Group Inc. rose more than 9% Thursday morning after the airline&#39;s pilots union said it may agree on a plan to cut wages and benefits.
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SAN FRANCISCO (CBS.MW) -- Pilots at Delta Air Lines approved a management-backed pay cut that will save the airline $5 billion over the next five years, the pilots union said Thursday.
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Reservations and gate agents at US Airways approved a new contract yesterday 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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Bankrupt US Airways Group Inc.  reached a tentative agreement on Friday with negotiators for  its pilots union on $300 million in annual concessions, the  company and the labor group said.
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The union representing US Airways pilots voted yesterday to send a concessionary contract, meant to save the troubled airline $300 million a year, to its 3,200 pilots for a vote.
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US Airways Group Inc. and its pilots union have reached a tentative agreement regarding new wage and benefit concessions, an Air Line Pilots Association spokesman said Friday.
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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 pilots and flight attendants at  bankrupt UAL Corp. on Monday ratified wage-cut deals worth $311  million annually to United Airlines, possibly moving the  carrier closer to a Chapter 11 exit.
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Bankrupt US Airways (UAIRQ.OB: Quote, Profile, Research) on Thursday said its passenger service agents ratified contract changes that include a 12.9 percent cut in average pay, which will save the cash-strapped airline $137
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Pilots at US Airways on Thursday  ratified a concession package that includes pay cuts of 18  percent, a decrease in company contributions to their  retirement plan and increased pilot productivity.
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The pilots union at Northwest Airlines Corp. (NWAC.O: Quote, Profile, Research) , the No. 4 US air carrier, ratified a $265 million concession package that includes 15 percent pay cuts, the union said on Friday.