UAL Pilots, Flight Attendants Approve Wage Cuts
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The pilots and flight attendants at  bankrupt UAL Corp. on Monday ratified wage-cut deals worth $311  million annually to United Airlines, possibly moving the  carrier closer to a Chapter 11 exit.
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Bankrupt US Airways took a crucial  step toward securing $300 million in concessions from its  pilots union late on Tuesday when leaders of the labor group  said they would forward a plan to cut wages and benefits to all  pilots for a vote.
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United Airlines parent UAL Corp. and leaders of its pilots union have agreed on a deal under which the pilots will not oppose termination of their pension plan but will receive a $550 million note convertible
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The pilots union at Northwest Airlines Corp. , the No. 4 U.S. air carrier, ratified a &#36;265 million concession package that includes 15 percent pay cuts, the union said on Friday.
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UAL Corp. on Monday won court approval  for wage cuts for United Airlines' pilots and flight attendants  worth $311 million annually, clearing a hurdle in its bid to  exit bankruptcy protection by the year-end.  The rulings by U.S. Bankruptcy Court Judge Eugene Wedoff move  United UALAQ.OB a step closer to achieving $725 million  in  annual labor savings it says it needs to exit Chapter 11.
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Delta Air Lines&#39; pilots Thursday overwhelmingly approved a $1 billion package of concessions that cuts their pay by nearly a third but may pull the financially beleaguered carrier from the brink of bankruptcy.
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US Airways' pilots' union ratified a new labor contract Thursday that will cut their base pay by 18 percent and save the airline $300 million a year.
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The pilots union at Northwest Airlines Corp. (NWAC.O: Quote, Profile, Research) , the No. 4 US air carrier, ratified a $265 million concession package that includes 15 percent pay cuts, the union said on Friday.
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The pilots and flight attendants at  bankrupt UAL Corp. UALAQ.OB on Monday ratified wage-cut deals  worth $311 million annually to United Airlines, possibly moving  the carrier closer to a Chapter 11 exit.
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The pilots became the first labor group at the bankrupt airline to agree to a new round of wage and benefit cuts.
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Pilots at US Airways voted to give the bankrupt airline $300 million in annual wage and benefit concessions, their union said Thursday, making it the first major union at the airline to agree to permanent cutbacks.
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UAL Corp.&#39;s United Airlines, the world&#39;s second-largest carrier and Denver&#39;s dominant airline, plans job cuts and other cost reductions totaling $655 million, a 4.8 percent increase
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Pilots at UAL Corp. UALAQ.OB,  parent  of bankrupt United Airlines, on Thursday overwhelmingly  ratified a new contract which will allow the airline to cut  wages and get rid of traditional pensions but will give the  pilots future financial concessions.
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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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CHARLOTTE, N.C. - US Airways and its pilots union agreed on a new labor contract Friday, a week after the company asked a bankruptcy judge to impose pay cuts, the airline said...
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A union representing 5,200 flight attendants at bankrupt carrier US Airways have agreed to a new contract that cuts pay by nearly 10%.
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The pilots and flight attendants at bankrupt UAL Corp. on Monday ratified wage-cut deals worth &#36;311 million annually to United Airlines, possibly moving the carrier closer to a Chapter 11 exit.