United asks court to impose pay cut
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Union workers may face a 23 percent slash in pay; United says it needs cash reserves. United Airways asked a bankruptcy judge to impose a 23 percent pay cut on its union workers, including pilots and attendants.
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Troubled airline US Airways asks a court to impose wage cuts of up to 23%, warning it might otherwise go into liquidation.
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CHICAGO -- United Airlines said Wednesday that it needs to cut more jobs as it works on climbing out of bankruptcy. But the nation&#39;s No.
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CHICAGO  - Bankrupt United Airlines is seeking another two billion dollars in labour savings from its workforce, according to papers filed with a US district bankruptcy court.
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A US Bankruptcy Court judge, in a harsh decision he called critical to US Airways Group's survival, said yesterday the airline could slash pay by 21 percent for its unionized workforce of 25,000.
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Bankrupt airline US Airways will ask a  bankruptcy court judge to impose emergency pay cuts of 23  percent on its major unions, the New York Times reported late  on Thursday.
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US Airways UAIRQ.OB wants a  bankruptcy judge to impose temporary wage and other cost cuts  on its union workers, warning that it only has enough cash to  operate through January.
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Bankrupt United Airlines said on Friday  it needs more labor cost cuts on top of any gains from  terminating employee pensions and expects to move toward  voiding its labor contracts in early November.
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SAN FRANCISCO (CBS.MW) -- UAL Corp, parent of United Airlines, said late Monday it will cut pay of salaried workers and management beginning Jan. 1 as part of its goal to emerge from bankruptcy.
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Cash-strapped United Airlines said in a bankruptcy court filing today that it "likely" will be necessary to terminate and replace its employee pension plans.
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US Airways chief executive Bruce Lakefield said Friday the airline would, as expected, ask a bankruptcy judge to impose temporary pay cuts on its union workers to conserve cash during the slow fall travel season.
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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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United Airlines, trying to restructure after nearly two years in bankruptcy protection, told its unions last night that it wanted to terminate its four pension plans and seek additional
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Cash-strapped United Airlines said in a bankruptcy court filing Thursday that it "likely" will be necessary to terminate and replace its employee pension plans.
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The union representing mechanics at  bankrupt United Airlines on Friday said its members  overwhelmingly rejected proposed wage and benefit cuts and  voted to call a strike if the court alters the current  contract.
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United Airlines said Friday it needs even more labor cuts than anticipated to get out of bankruptcy, raising the likelihood of a new round of wage and benefit reductions.
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United Airlines on Friday said it will need about $500 million in annual cost cuts above the $655 million now in the works and also received court approval for more time