US Air, Pilots to Reopen Concession Talks
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US Airways Group Inc. (UAIR.O: Quote, Profile, Research) and its pilots union agreed late on Friday to reopen concession talks after leaders of the labor group declined
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Bankrupt US Airways (UAIRQ.OQ: Quote, Profile, Research) on Tuesday reached a tentative agreement on concessions with the union representing dispatchers, the company said.
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The pilots union of bankrupt airline US Airways (UAIRQ.O: Quote, Profile, Research) failed over the weekend to agree to a new round of pay cuts and will resume its deliberations on Tuesday, the New York Times reported.
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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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Leaders of the pilots&#39; union at bankrupt US Airways were considering Friday whether to forward to members a proposed contract renegotiation that includes an average pay cut of more than 18 percent.
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Pilots at US Airways blamed the company for a breakdown in concession negotiations over the weekend, as time runs down on efforts to avoid a second bankruptcy filing in two years.
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US Airways reached a tentative agreement with the leaders of its pilots union on $300 million in annual concessions yesterday, a deal that would result in the pilots
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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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SAN FRANCISCO (CBS.MW) - US Airways&#39; pilots union said late Friday it was ready to resume contract talks with company management, a step crucial to the airline&#39;s future.
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US Airways Group Inc.  UAIR.O and  its pilots union agreed late on Friday to reopen concession  talks after leaders of the labor group declined to endorse a  plan proposed by management for nearly $300 million in  givebacks, both sides said.
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US Airways and its pilots union said on Saturday that they were willing to resume talks over a &#36;295 million package of concessions, as time ran short for the company to strike giveback deals with its labor groups and avert another trip into bankruptcy.
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US Airways pilots resumed negotiations Wednesday with management on a new labor contract with the bankrupt airline, even as the company made clear that it will now be seeking greater concessions.
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Negotiations between US Airways&#39; (UAIR:Nasdaq - news - research) management and pilots continued to show progress, with the pilots union expected to give the company another proposal Friday afternoon.
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US Airways reached a tentative agreement with the leaders of its pilots union on $300 million in annual concessions yesterday, a deal that would result in the pilots permanently losing 17.5 percent of their salaries in exchange for a chance to save the airline and their jobs.
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City of Derry Airport managers and flight regulators are to discuss what needs to be done to reopen the airport.
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US Airways is seeking $800 million in concessions from employee unions as it attempts to avoid filing Chapter 11. The Air Line Pilots Association will present its proposal on the evening of
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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