UPDATE 1-US Airways says it could liquidate without union cuts
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US Airways (UAIRQ.OB: Quote, Profile, Research) wants a bankruptcy judge to impose temporary wage and other cost cuts on its union workers, warning that it only has enough cash to operate through January.
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US Airways Group Inc.&#39;s pilots union said on Wednesday it may agree this week on a plan to cut wages and benefits to help the seventh-biggest US airline avoid a second bankruptcy filing.
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US Airways and its largest lender yesterday struck a new financing arrangement that could free up $140 million while the strapped airline remains in bankruptcy -- but only if holdout unions agree to major cost cuts.
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US Airways UAIRQ.OB said on  Saturday it has no current plans to reduce its fleet of  aircraft, disputing postings on the Internet that the bankrupt  carrier has put planes up for sale.
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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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US Airways asked a bankruptcy judge yesterday to cancel labor contracts with three of its unions and impose much lower pay so it
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arring a last-minute change of heart by its recalcitrant unions, US Airways appears all but certain to seek bankruptcy protection on Sunday, people briefed on the situation said yesterday.
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US Airways (UAIRQ.OB: Quote, Profile, Research) goes to court on Thursday to throw out labor contracts and union pension plans to save $750 million annually and survive past January.
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US Airways will ask the bankruptcy court to temporarily nullify its labor agreements and impose wage cuts if the carrier&#39;s unions do not agree on concessions by Friday, the chief executive told employees yesterday.
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US Airways Group Inc.&#39;s pilot leaders rejected proposed pay and benefit cuts, possibly derailing the carrier&#39;s plan to wrest $800 million in labor concessions in time to avoid a second bankruptcy filing.
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The chairman of US Airways, David G. Bronner, said Wednesday that its employees must agree to a third round of wage and benefit cuts worth $800 million in the next 30 days or the airline could be liquidated.
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ARLINGTON, Va. -- US Airways chief executive Bruce Lakefield said yesterday the airline would, as expected, ask a bankruptcy judge to impose temporary pay cuts on its union workers to conserve cash during the slow fall travel season.
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ALEXANDRIA, Va. -- US Airways asked a bankruptcy judge yesterday to cancel labor contracts with three of its unions and impose much lower pay so it can move ahead with a plan to permanently cut costs, reposition itself as a low-cost carrier, and avoid a possible liquidation.
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The union representing US Airways baggage handlers hopes to find cost cuts without losing 4,000 jobs to outsourcing, the Pittsburgh Post-Gazette reported.
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US Airways said yesterday that it has failed to squeeze millions of dollars&#39; worth of concessions from its pilots and other workers aimed at staving off a second bankruptcy filing that ultimately
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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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The union representing US Airways&#39; (USAIRQ.OB:OTC-BB - news - research) passenger service employees said it has reached a tentative labor agreement with the bankrupt carrier.