Pilots Union Agrees to Cuts at Northwest
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Northwest Airlines and its pilots union reached tentative agreement yesterday on a deal that would save the airline $300 million in labor costs.
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United Airlines' pilots have overwhelmingly ratified a new cost-cutting contract, giving the carrier an important victory as it worked to secure agreements from all its unions on the eve of a self-imposed deadline.
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United Airlines reaches agreements with pilots and flight attendants on pay cuts which will save the bankrupt airline more than $310m a year.
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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.
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Bankrupt US Airways took a crucial  step toward securing $300 million in concessions from its  pilots union late on Tuesday when leaders of the labor group  said they would forward a plan to cut wages and benefits to all  pilots for a vote.
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Pilots at US Airways voted to give the bankrupt airline $300 million in annual wage and benefit concessions, their union said Thursday, making it the first major union at the airline to agree to permanent cutbacks.
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The union representing pilots at ATA  Holdings Corp. has approved a tentative agreement on wage cuts  that may win up to $6 million in immediate savings for bankrupt  ATA Airlines, a union spokesman said on Thursday.
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Northwest Airlines and its pilots union continue talking on a cost-cutting labor agreement. Northwest needs to refinance a $962 million revolving line of credit that comes due in one year.
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Northwest Airlines Corp.'s  flight attendants ratified a new collective bargaining agreement, the No. 5 U.S. carrier said on Tuesday as it prepares to exit bankruptcy.
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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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SAN FRANCISCO (CBS.MW) -- Pilots at Northwest Airlines approved a $265 million pay cut package, the Air Line Pilots Association said Friday.
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Pilots at ATA Holdings Corp. ATAHQ.PK  on Monday ratified a labor deal that cuts their pay by 20  percent and saves bankrupt ATA Airlines up to $12 million over  four months while it restructures.
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Delta Air Lines&#39; pilots Thursday overwhelmingly approved a $1 billion package of concessions that cuts their pay by nearly a third but may pull the financially beleaguered carrier from the brink of bankruptcy.
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CHICAGO _ 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 both
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The pilots became the first labor group at the bankrupt airline to agree to a new round of wage and benefit cuts.
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A planned capacity cut by Northwest Airlines Corp. may restore orderly service after a week of widespread cancellations, but Northwest pilots lament the inevitable loss of revenue, the workers' union said on Monday.
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ARLINGTON, Va. - US Airways&#39; pilots union ratified a new labor contract that will cut their base pay by 18 percent and save the airline $300 million a year.