US Airways talks with pilots collapse
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Negotiations between US Airways Group Inc. and its pilots union over labor concessions collapsed Monday. The airline is seeking $295 million in annual concessions from pilots.
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Attempting to ward off a second bankruptcy filing, management and pilots of US Airways (Nasdaq: UAIR) took discussions of concessions that might keep the airline afloat through this past weekend.
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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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(September 11, 2004) - US Airways made a last-ditch contract offer to the union that represents its pilots Friday as the airline tries to avoid a second bankruptcy filing that may be just be days away.
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The pressure on US Airways mounted last night after talks with its pilots aimed at cutting nearly $300m (Â£163m) in costs broke down.
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Talks between US Airways UAIR.O  and the airline's pilots union over a new round of concessions  broke down on Monday, the union said.
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Talks have broken down between US Airways (UAIR:Nasdaq - news - research) and its pilots, putting the carrier another step closer to filing for bankruptcy protection again.
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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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SAN FRANCISCO (CBS.MW) - US Airways Group, under a tight deadline to reach deals with its unions to avoid slipping back into bankruptcy, is still far apart on a tentative agreement with its pilots.
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The leadership of the pilots' union at US Airways voted late last 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.  issued a general appeal on Tuesday to the carrier's 3,000 pilots after their union's leaders rejected proposed concessions the company says are crucial to avert insolvency.
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Leaders of the US Airways pilots&#39; union have rejected the carrier&#39;s latest contract proposal, hampering the airline&#39;s attempt to avoid filing bankruptcy a second time.
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WASHINGTON -- US Airways and the lead negotiators of its pilots union reached a tentative, $300 million annual cost-cutting agreement early Friday morning, a move that the airline says will help it emerge from bankruptcy.
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Negotiations between US Airways (UAIR.O: Quote, Profile, Research) and its pilots union over a new round of steep concessions collapsed on Monday, heightening
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ARLINGTON, Va. The union representing US Airways pilots says talks with the airline have broken down. Today&#39;s announcement came days after union leaders said a new labor agreement could be reached soon with Pennsylvania&#39;s dominant airline.
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ARLINGTON, Va. Aug. 30, 2004 - Talks between US Airways Group Inc. and the union representing pilots have resumed, the Air Line Pilots Association said Monday.
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EU-US negotiations over state aid for aircraft builders Airbus and Boeing broke down after five hours on Thursday without progress.