Wage Cuts Approved for Comair Workers
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Comair received bankruptcy court approval to cut wages for flight attendants and mechanics and end contributions to their pension plans.
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Unions representing check-in staff and baggage handlers at BA welcome a pay deal which averted a strike.
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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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The United Auto Workers said on Friday that members have ratified a deal that gives Delphi Corp.  concessions on wages, benefits and plant closings the auto parts maker has said it must have to exit bankruptcy.
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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.
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Delta Air Lines pilots, who resisted pay cuts for three years as their employer flew ever closer to bankruptcy, have voted to slash their own compensation to save the airline.
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Comair Inc. said it expects to return to a full schedule by the middle of this week after a computer glitch grounded 1,100 flights over the snowy Christmas weekend.
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Delta&#39;s pilots union said today that it has tentatively agreed to the full $1 billion in wage and benefit reductions the airline said it needs to help it avoid bankruptcy.
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About 3,400 union workers at four BF Goodrich plants in Indiana and Alabama have approved a new contract that will save the company about 20 percent of its annual labor costs at four older plants.
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DETROIT, Oct. 27 -- Members of the United Auto Workers approved a four-year contract with Chrysler on Saturday despite significant opposition, the union said.
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Near-bankrupt Italian flagship carrier Alitalia won approval from flight attendants Saturday for a job-cutting plan - the last in a series of labor deals crucial to saving the airline from collapse.
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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 union representing pilots at ATA Holdings has approved a tentative agreement on wage cuts that may win up to USD$6 million in immediate savings for bankrupt ATA Airlines, a union spokesman said on Thursday.
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HOUSTON Continental Airlines has finalized wage and benefit cuts and changed some work rules -- to save money. The action comes as Houston-based Continental seeks to achieve 48 (M) million dollars of 500 (M) million dollars in labor cost cuts.
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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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Pilots at UAL Corp., parent of bankrupt  United Airlines, on Thursday overwhelmingly ratified a new  contract which will allow the airline to cut wages and get rid  of traditional pensions but will give the pilots future  financial concessions.
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US Airways&#39; pilots voted to approve a new labor agreement yesterday that will reduce their salaries by 18 percent but will save the airline $300 million a year.