US Airways Pilots' Union OKs Labor Deal
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US Airways' pilots' union ratified a new labor contract Thursday that will cut their base pay by 18 percent and save the airline $300 million a year.
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Shares of US Airways (UAIR.O: Quote, Profile, Research) rose more more than 5 percent on Thursday after the airline&#39;s pilots union said it may soon agree on a plan to cut wages and benefits to help the carrier avoid a second
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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 productivity.
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US Airways reached a tentative deal on Thursday with negotiators for its flight attendants union for USD$94 million in yearly concessions to help the bankrupt carrier avoid liquidation, union and company officials said.
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A union representing nearly 6,000 US Airways workers yesterday said it has struck a tentative concession deal with the airline, easing the likelihood
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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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Leaders of the union representing  flight attendants at UAL Corp. approved late on Tuesday a  tentative labor agreement with bankrupt United Airlines.
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Pilots at Northwest Airlines Corp. overwhelmingly ratified a concession package that includes pay cuts of 15 percent, the union said Friday.
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The pilots union at US Airways Group Inc.  on Thursday approved a &#36;300 million concession package, including pay cuts of 18 percent, to help the ailing carrier survive its second bankruptcy in two years.
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The pilots at bankrupt UAL Corp.  UALAQ.OB on Monday ratified a tentative labor deal that will  allow United Airlines to save $180 million annually, a  spokesman for the pilots' union said.
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US Airways Group Inc. UAIRQ.PK said  on Friday it reached a tentative agreement with its pilots  union that would save $300 million annually and move the  bankrupt airline closer to carrying out a transformation plan.
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Pilots at Delta Air Lines Inc.   voted to approve a new contract with the company,  clearing one major hurdle in the bankrupt carrier&#039;s  restructuring plan, the airline and the union said on  Wednesday.
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Bankrupt US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) reached a tentative agreement on Friday with negotiators for its pilots union on $300 million
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The union representing the pilots at  UAL Corp. UALAQ.OB, parent of bankrupt United Airlines, on  Thursday said its members had ratified a contract agreement  with the airline.
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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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United Airlines, struggling to reorganize after two years in bankruptcy protection, reached a tentative agreement with its pilots&#39; union on additional wage and benefit concessions, the union said yesterday.