US Airways Pilots May Be Near Pay Pact
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US Airways Group Inc.'s pilots union  said on Wednesday it may agree this week on a plan to cut wages  and benefits to help the seventh-biggest U.S. airline avoid a  second bankruptcy filing.
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Leaders of the Air Line Pilots Association said US Airways' plan to cut salaries and benefits of management was welcome news, but does not constitute a deal.
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Pilots for US Airways are continuing to negotiate this weekend over the Arlington airline&#39;s demand for a 16.5 percent pay cut, despite a warning from management that negotiations should have concluded yesterday.
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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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Pilots at US Airways have voted in favor of giving $300 million in annual wage and benefit concessions to the struggling airline, becoming the first major labor group to accept permanent
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The Air Line Pilots Association expects to have a decision by early Thursday regarding a $300 million wage and benefit concession agreement affecting its US Airways pilots, according to a union spokesman.
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Pilots at US Airways on Thursday  ratified a concession package that includes pay cuts of 18  percent, a decrease in company contributions to their  retirement plan and increased pilot productivity.
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The union that represents pilots at United Airlines said yesterday that it had struck a deal that would allow the airline to terminate the pilots&#39; ailing pension plan and partly compensate them for the loss.
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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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The US Airways Group will look to the leaders of the pilots' union to accept the airline's demand for $295 million in pay and benefit cuts.
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Union leaders representing pilots at American Eagle, the commuter division of American Airlines, have accepted a tentative contract agreement that includes pay raises.
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US Airways reached a tentative $4.5 million cost-cutting agreement with leaders of the union that represents the carrier's 150 flight dispatchers, the airline said yesterday.
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US Airways reached a tentative $4.5 million cost-cutting agreement with leaders of the union that represents the carrier&#39;s 150 flight dispatchers, the airline said yesterday.
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US Airways and its pilotsÂ union were set to meet, amid resistance to the airlineÂs bid to shrink their already diminished pension plan.
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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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Delta Air Lines&#39; pilots, by far the best paid in the airline industry, face a painful choice over the next few weeks: accept a tentative deal that calls for a one-third cut in pay, or
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US Airways Group Inc. and its pilots union said they may agree by today on a plan to cut $295 million in wages and benefits to help the carrier avoid a second bankruptcy filing.