US Air hit by pilots&#39; refusal on pay
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US Airways shares tumbled Tuesday over doubts that the airline can obtain $800 million in wage and benefit cuts that it is seeking from its employees.
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US Airways&#39; pilots union announced that negotiations on pay and benefit cuts broke down yesterday, prompting the carrier&#39;s executives to ask that their latest proposal be taken directly to the union&#39;s leadership for a vote.
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US Airways Group Inc.&#39;s unions, defying efforts to win labor concessions to avert a bankruptcy, are unlikely to give up pay and benefits under a threat of cuts imposed by a court, a labor leader and consultants said.
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US Airways' pilots union announced that negotiations on pay and benefit cuts broke down Monday, prompting the carrier's executives to ask that their latest proposal be taken directly to the union's leadership for a vote.
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US Airways Group on Friday asked other unions to follow the pilots in accepting rollbacks as the airline struggles under bankruptcy.
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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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SAN FRANCISCO (CBS.MW) - Snubbed by its pilots, US Airways Group is scrambling to find cost savings among other union workers to avoid tumbling back into bankruptcy, an event industry analysts warn could come as early as this weekend.
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A coroner probing the death of a British soldier in a &quot;friendly fire&quot; incident in Iraq has said that one of the US pilots involved cannot be forced to attend the inquest.
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NEW YORK - US Airways Group Inc.&#39;s pilots union leaders on Monday said they proposed new contract terms to management, which in turn made a counteroffer, after the union last week refused to endorse a company plan for $295 million of concessions.
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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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US Airways Group Inc.'s shares tumbled nearly 9 percent in early trading Tuesday after union leaders representing US Airways pilots rejected sending a management contract proposal to members for possible ratification.
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Struggling US Airways (UAIR) has asked its pilots to accept a 16.5% pay cut while giving them the chance to recoup some of the money by flying more.
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he pilots&#39; union at US Airways said yesterday that it might be close to reaching an agreement on wage and benefit cuts that the struggling airline contends are necessary to avoid another bankruptcy filing.
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Big labor unions at bankrupt US  Airways Group Inc. UAIRQ.OB claimed on Tuesday the carrier  has fallen far short of proving that it must have immediate  court-imposed wage and other cuts to survive.
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Leaders of the US Airways pilots&#39; union have rejected the carrier&#39;s latest contract proposal, hampering the airline&#39;s attempt to avoid filing bankruptcy a second time.
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US Airways Group has asked its pilots to fly more hours without a pay raise in a last-minute effort to settle a key labor dispute and head off a second bankruptcy filing.
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US Airways Group Inc. stock fell as much as 21 percent in early trading after leaders of the airline&#39;s pilots union rebuffed a plan to cut $295 million in wages and benefits the company