US Airways Workers Get Pay Cut
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(Buffalo, NY, October 18, 2004) - - Buffalo&#39;s dominant airlines is 1 of 2 carriers that&#39;s taking drastic cost cutting steps to stay in the air.
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Bankrupt US Airways (UAIRQ.OB: Quote, Profile, Research) on Thursday said its passenger service agents ratified contract changes that include a 12.9 percent cut in average pay, which will save the cash-strapped airline $137
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Troubled US Airways is to cut hundreds of management and non-union jobs, and cut wages, in a bid to save $45m (Â£25.2m) a year towards its survival.
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A bankruptcy judge granted US Airways authority today to immediately cut the pay of its union workers by 21 percent, saying the airline's situation is so dire that urgent action must be taken.
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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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Pilots at US Airways Group Inc. have ratified a contract that will cut their pay by 18 percent and increase their flight load through 2009.
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Fears of a possible airline strike during the Christmas holiday eased yesterday when US Airways ground employees agreed to take 13 percent pay cuts to help bail out their employer.
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A bankrupt US Airways today won most of the emergency pay cuts it said were critical to avoid liquidation, and the airline industry&#39;s other bankrupt company, United, said
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ARLINGTON, Va. US Airways has asked a bankruptcy judge to impose temporary pay cuts on union workers to conserve cash flow during the slow fall travel season.
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US Airways Group Inc. met Monday with two unions to try to agree on concessions before an Oct. 7 hearing at which a bankruptcy judge could let the carrier temporarily reduce pay by 23 percent.
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A US Bankruptcy Court judge, in a harsh decision he called critical to US Airways Group's survival, said yesterday the airline could slash pay by 21 percent for its unionized workforce of 25,000.
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Bankrupt US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) on Thursday asked a court to impose wage and benefit cuts on its union employees to save
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A bankruptcy judge granted US Airways authority Friday to immediately cut the pay of its union workers by 21 percent, saying the airline's situation is so dire that urgent action must be taken.
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In bid to stave off a second bankruptcy, airline wants pay concession of 16.5 percent, report says. WASHINGTON  - US Airways, struggling to avoid a second bankruptcy, has asked pilots for a 16.5 percent pay cut, USA Today reported Friday.
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US Airways' unions say the bankrupt airline is ''barking up the wrong tree&quot; as it seeks to ensure its solvency by imposing a 23 percent pay cut on its workers.
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US Airways Group Inc. plans to eliminate "hundreds" of management and nonunion jobs and cut top executives' pay by between 5 and 10 percent.
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A judge granted US Airways most of the emergency pay cuts for its union members that it had said were critical to avoid liquidation.