US Air pilots undecided over contract
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SAN FRANCISCO (CBS.MW) -- The 12-member pilot leadership council at US Airways Group delayed its decision Saturday on whether it will send management&#39;s latest contract offer to its pilots for a vote.
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NEW YORK - Recent reports on the Delta Air Lines pilots&#39; agreement focus on the carrier&#39;s pilots being the highest paid in the industry and on the possibility that the company may still declare bankruptcy, despite the $1 billion cost-cutting deal
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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 have asked the airline to resume concession talks, but a union leader said Saturday he didn&#39;t expect it to forestall a bankruptcy filing today.
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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 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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(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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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.
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The union representing US Airways pilots voted yesterday to send a concessionary contract, meant to save the troubled airline $300 million a year, to its 3,200 pilots for a vote.
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US Airways (UAIR) executives Tuesday held out hope of reaching a key money-saving deal with pilots, despite a major setback late Monday.
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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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Leaders of US Airways&#39; pilots union late Monday rejected the carrier&#39;s latest contract proposal, a blow to the airline&#39;s attempt to avoid a second bankruptcy filing.
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US Airways was locked in tough bargaining on wage and benefit cuts with its pilots union, whose backing is critical for the struggling airline to avoid another bankruptcy filing.
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US Airways and its pilots union said on Saturday that they were willing to resume talks over a $295 million package of concessions, as time ran short for the company
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Leaders of the US Airways pilots union will decide Tuesday whether to forward a proposed contract to members that would cut average pay by 18.
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With only one week remaining for US Airways to avoid another trip through bankruptcy, the pilots union prepared last night to consider a new company cost-cutting
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Talks between US Airways and the union representing pilots have broken down, the Air Line Pilots Association said Monday. The announcement came days after union leaders said a new labor agreement could be struck soon.