Pilots Union: US Airways Talks Break Down
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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.
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US Airways Group has given its pilots about one week to negotiate a contract yielding up to $295 million a year in wage and benefit concessions, the union said Tuesday, or the airline could ask a bankruptcy judge to impose such terms.
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SAN FRANCISCO (CBS.MW) - US Airways&#39; pilots union said late Friday it was ready to resume contract talks with company management, a step crucial to the airline&#39;s future.
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Negotiations between US Airways (UAIR.O: Quote, Profile, Research) and its pilots union over a new round of steep concessions collapsed on Monday, heightening
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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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The turmoil in the airline industry intensified yesterday when leaders of the pilots union at US Airways rejected the company&#39;s latest plan to cut wages and benefits and a key member of
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Pilots at US Airways blamed the company for a breakdown in concession negotiations over the weekend, as time runs down on efforts to avoid a second bankruptcy filing in two years.
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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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Leaders of US Airways Group Inc.&#39;s pilots union rejected the carrier&#39;s latest contract proposal late Monday, a blow to the No.
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US Airways UAIR.O and its pilots  union agreed to reopen concession talks late on Friday after  leaders of the labor group declined to endorse a plan proposed  by management for nearly $300 million in givebacks, both sides  said.
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Negotiations between US Airways&#39; (UAIR:Nasdaq - news - research) management and pilots continued to show progress, with the pilots union expected to give the company another proposal Friday afternoon.
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ith time running out and its future on the line, the US Airways Group will look to the leaders of the pilots&#39; union to do tomorrow what the union&#39;s negotiators refused to do over the weekend
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Leaders of US Airways' pilots union rejected late last night a bid to have pilots vote on a concessions proposal from the airline.
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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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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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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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SAN FRANCISCO (CBS.MW) - US Airways Group, under a tight deadline to reach deals with its unions to avoid slipping back into bankruptcy, is still far apart on a tentative agreement with its pilots.