US Airways pilots vote for pay cuts of $300m
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Pilots at US Airways have voted in favour of giving $300 million in annual wage and benefit concessions to the struggling airline, becoming the first major labor group to accept permanent cuts, the union representing pilots said.
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US Airways Group Inc. pilot leaders will meet again on Oct. 5 to discuss whether to let the carrier&#39;s 3,200 pilots vote on an agreement that would provide about $300 million in pay-and
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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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US Airways and its pilots&#39; union reached a tentative agreement yesterday on $300 million in annual wage and benefit cuts, after weeks of debate inside the union over whether to grant concessions to the troubled airline.
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SAN FRANCISCO (CBS.MW) -- Pilot leaders at United Airlines unanimously endorsed a tentative agreement that will cut pay by 15 percent, opting to accept management&#39;s demands rather than risk the chance of losing more in federal bankruptcy court.
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The leadership of the pilots&#39; union at US Airways voted late Friday night to hold last-ditch talks with the airline on its bid for wage and benefit cuts.
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US Airways Group Inc. (UAIR.O: Quote, Profile, Research) issued a general appeal on Tuesday to the carrier&#39;s 3,000 pilots after their union&#39;s leaders rejected
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The Air Line Pilots Association expects to have a decision by early Thursday regarding a $300 million wage and benefit concession agreement affecting its US Airways pilots, according to a union spokesman.
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Leaders of the pilots&#39; union at bankrupt US Airways were considering Friday whether to forward to members a proposed contract renegotiation that includes an average pay cut of more than 18 percent.
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Description: Delta Airline pilots agree to a 32 percent pay cut to help the airline avoid bankruptcy. Analysts say it&#39;s not yet clear whether those cuts will be enough to put Delta back in the black.
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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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US Airways reached a tentative agreement with the leaders of its pilots union on $300 million in annual concessions yesterday, a deal that would result in the pilots permanently losing 17.5 percent of their salaries in exchange for a chance to save the airline and their jobs.
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US Airways Group Inc. said on Friday  it reached a tentative agreement with its Air Line Pilots  Association union that would save $300 million annually and  move the bankrupt airline closer to implementing a  transformation plan.
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Bankrupt US Airways Group Inc.  UAIRQ.OB reached a tentative agreement on Friday with  negotiators for its pilots union on $300 million in annual  concessions.
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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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US Airways Group Inc. and its pilots union plan to resume talks on $295 million in pay and benefit cuts the carrier needs to help avoid a second bankruptcy filing, after each side made a proposal over the weekend.
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US Airways and its pilots union reached tentative agreement today on $300 million in wage and benefit cuts, after weeks of debate inside the union over whether to grant the cuts to the bankrupt airline.