US Airways goes to court to void labor contracts
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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 managers said Sunday the combination of large payments due this week and the failure to achieve a third round of concessions has led them back to bankruptcy court.
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ALEXANDRIA, Va.  - Bankrupt US Airways UAIRQ.OB  won court permission on Thursday to throw out machinists'  contracts if they do not agree to concessions quickly, while  the judge raised doubts about whether the carrier can survive  even with mammoth givebacks.
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ALEXANDRIA, Va.  - A bankruptcy judge on Thursday  approved a bid by US Airways to throw out the contract covering  machinists if the group fails to approve a package of  concessions now up for a vote.
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US Airways Group Inc.  will ask a bankruptcy court on Friday to impose emergency pay cuts of 23 percent on unionized workers if an agreement with the workers is not reached during the day.
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US Airways Group (otc: UAIRQ - news - people ) on Thursday said it&#39;ll seek a court injunction to prohibit a strike by disaffected unions.
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A bankruptcy judge on Thursday canceled a collective bargaining agreement between US Airways and its machinists union, providing millions of dollars in annual savings that the airline says will relieve pressure for a quick liquidation.
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Bankrupt US Airways Group. Inc.  UAIRQ.OB said on Monday it would eliminate hundreds of  management and nonunion jobs and impose wage and other cuts to  save more than $45 million annually as it tries to overhaul its  business and survive.
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A bankruptcy judge today begins hearings on US Airways&#39; request to reject its union contracts and impose $1 billion in wage and benefits cuts on 28,000 workers.
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US Airways asked a bankruptcy court yesterday to throw out contracts covering passenger service agents, flight attendants, mechanics and other workers and replace them with less-expensive ones.
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Bankrupt US Airways wants a judge to replace existing contracts for passenger service agents, flight attendants and mechanics with less-expensive ones.
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The head of the mechanics union at US Airways said yesterday the group is not optimistic about reaching an agreement with the airline before a critical hearing Thursday and raised the prospect that the unit could walk off the job if a court allows the current labor contract to be voided.
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Flight attendants at bankrupt US Airways Group Inc. have authorized their union to call a strike should a federal court allow airline management to void their contract, the Association of Flight Attendants said yesterday.
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US Airways' 28,000 employees waited last night for the airline to file a petition with the judge in its bankruptcy proceeding, seeking to void existing labor contracts and impose a 23 percent pay cut on workers.
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US Airways Group, Inc., filed for bankruptcy Sunday for the second time in two years after failing to win needed wage and benefit cuts from its unions.
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US Airways&#39; pilots union said Thursday that the airline plans to file a motion in bankruptcy court on Friday seeking immediate cost reductions, including pay cuts, from US Airways&#39; labor unions.
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Bankrupt US Airways on Wednesday said  it is asking employees who are not scheduled to work over the  New Year's weekend to volunteer to work for free at its  Philadelphia operations.