US Airways to Keep Flying Most Planes
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US Airways Group Inc. said Thursday has reached agreements with its lenders and lessors for continued use and operation of substantially all of its mainline and Express fleet.
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US Airways Group headed to bankruptcy court Monday to seek permission to keep flying during its second bankruptcy filing in two years.
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US Airways Group Inc., acting under Chapter 11 bankruptcy protection, has proposed a 19.5% pay cut for its pilots, The Wall Street Journal reports.
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WASHINGTON  - US Airways and two General Electric units have reached an agreement that would provide the bankrupt carrier with badly needed funds to keep it aloft as it seeks to reorganize, the airline said Friday.
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Bankrupt US Airways, the largest carrier at LaGuardia Airport, said yesterday it has reached a tentative agreement on $94 million in cuts with the union representing its flight attendants.
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Airline stocks moved higher Friday after US Airways Group Inc. moved closer to a deal with its pilots, which is needed to keep the carrier aloft.
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Bankrupt US Airways Group. Inc.  said on Monday it would eliminate hundreds of management and nonunion jobs and impose wage and other cuts to save more than &#36;45 million annually as it tries to overhaul its business and survive.
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US Airways&#39; unions, defying efforts to win labor concessions to avert a bankruptcy, are unlikely to give up pay and benefits under a threat of cuts imposed by a court, a labor leader and consultants said.
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PITTSBURGH, Dec. 16  /PRNewswire/ -- Approximately 450 gate and ramp agents at US Airways subsidiary PSA Airlines, Inc. voted yesterday in overwhelming support of a new, four-year contract with the airline.
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US Airways and the federal government agreed to extend a deal in which the Air Transportation Stabilization Board will provide the financing necessary for the airline to continue operations while it is in bankruptcy.
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US Airways said it will change its flight schedules in February to increase departures at its Charlotte and Philadelphia hubs and create a mini-hub in Fort Lauderdale, Fla.
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US Airways employees have already survived two rounds of cuts to salaries, benefits and in some cases, rank. Thousands have been laid off.
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US Airways Group Inc, struggling to avert a second bankruptcy filing since 2002, and its pilots union have agreed to resume negotiations on US$295 million in pay-and-benefit cuts.
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US Airways also said it would reduce or stop contributions to some employee retirement plans and would end its commitment to keep 279 aircraft in its fleet.
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Travelers flying US Airways during the coming holidays can breathe a little easier. The threat of labor-related disruptions has eased ... for the moment. Expanded hearings next month have decreased the likelihood
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US Airways said yesterday that it has failed to squeeze millions of dollars&#39; worth of concessions from its pilots and other workers aimed at staving off a second bankruptcy filing that ultimately
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ALEXANDRIA, Va. - A federal bankruptcy judge has granted approval for US Airways to cut the pay of its union workers by 21 percent through February to help the nation's seventh-largest airline stay in business and emerge from bankruptcy...