Unions seek gains with airlines healthier
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The biggest U.S. airlines, struggling to cement their shaky recovery, face a rising challenge from angry unions looking to recoup billions in wages and pensions lost since 2001.
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Leaders of the nation&#39;s largest flight attendants union, which represents workers at United Airlines and US Airways Group Inc.
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CHICAGO United Airlines, which has been threatening to end its pensions, has sent contract proposals to its employee unions. United wants to replace future pension plans with a defined contribution plan.
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US Airways&#39; (UAIR:Nasdaq - news - research) shares jumped almost 20% on news that management and pilots were back at the table, trying to hammer out an agreement on work concessions to save the company.
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Shares of US Airways UAIR.O rose  more than 5 percent on Thursday after the airline's pilots  union said it may soon agree on a plan to cut wages and  benefits to help the carrier avoid a second bankruptcy filing.
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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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The president of the Association of  Flight Attendants on Tuesday urged union leaders to authorize a  nationwide strike and railed against U.S. airlines for slashing  flight attendants' pay and benefits.
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The ruling against NorthwestÂs flight attendants could strengthen the hand of struggling airlines seeking to reduce labor costs.
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CHICAGO United Airlines&#39; union leaders are meeting today to review the company&#39;s proposal for a further 725 (M) million dollars in labor concessions and the elimination of pension programs.
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CHICAGO -- Union leaders say they will use every legal means available to protect their members after United Airlines set the stage for a new round of wage and benefit cuts.
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Unions look set to back industrial action at BAA airports, but consider festive amnesty
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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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US Airways (UAIRQ.OB:OTC BB - news - research) wants a federal judge to tear up contracts with three of its unions, reduce retiree health benefits and cancel its remaining defined-benefit pension plans.
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Airline unions, still nursing wounds after a bruising six-year clash with cash-strapped carriers, are getting ready to reclaim lost wages and benefits for workers, as well as some lost clout for themselves.
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DETROIT - As bargainers for the United Auto Workers and General Motors Corp. continue to haggle across a table in Detroit, the big issue in the critical contract talks comes down to this: If GM pays the union to take on the company's huge retiree healthcare obligations, can the UAW's investments return more than the rate of healthcare inflation?
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Union leaders will meet British Airways managers for crunch talks in a bid to prevent strikes at airports across the UK.
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CHICAGO -- The union for United Airlines&#39; flight attendants promised Friday to fight the company &quot;over every dime&quot; of its plan to impose an additional $725 million in labor cuts and eliminate traditional pensions.