Northwest Pilots Ratify $265 Mln Concession Deal
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Pilots at Northwest Airlines Corp., the  No. 4 U.S. air carrier, have ratified a $265 million concession  package that includes 15 percent pay cuts, the pilots union  said on Friday.
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United Airlines' pilots have overwhelmingly ratified a new cost-cutting contract, giving the carrier an important victory as it worked to secure agreements from all its unions on the eve of a self-imposed deadline.
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Continental Airlines, KLM Royal Dutch Airlines and Northwest Airlines Corp. have joined the SkyTeam Airline Alliance. This will allow passengers to accrue frequent flyer miles interchangeably
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Pilots at US Airways on Thursday  ratified a concession package that includes pay cuts of 18  percent, a decrease in company contributions to their  retirement plan and increased pilot productivity.
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Negotiators for United Airlines and its pilots' union have reached a tentative agreement on a new contract, the union said Tuesday. Details were not disclosed
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Delta Air Lines pilots ratified $1 billion a year in pay cuts and other concessions that have become the linchpin of the company&#39;s efforts to keep from spiraling into bankruptcy.
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Deal cuts pilots&#39; pay by one third, saves $1Ba year, avoids bankruptcy at No. 3 airline -- for now. NEW YORK (CNN/Money) - Delta Air Lines&#39; pilots union said early Thursday it had reached a tentative agreement
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Bankrupt US Airways Group Inc.  UAIRQ.OB reached a tentative agreement on Friday with  negotiators for its pilots union on $300 million in annual  concessions.
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Delta Air Line&#39;s pilots negotiation committee last night reached a tentative cost-cutting agreement with the Atlanta-based airline.
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The union representing pilots at ATA  Holdings Corp. has approved a tentative agreement on wage cuts  that may win up to $6 million in immediate savings for bankrupt  ATA Airlines, a union spokesman said on Thursday.
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United Airlines, struggling to reorganize after two years in bankruptcy protection, reached a tentative agreement with its pilots&#39; union on additional wage and benefit concessions, the union said yesterday.
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Airline says it will need $1B in concessions from pilots, about two-thirds of which would come from pay cuts, to avoid filing for bankruptcy protection.
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Northwest Airlines and its pilots union continue talking on a cost-cutting labor agreement. Northwest needs to refinance a $962 million revolving line of credit that comes due in one year.
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An impasse among pilot negotiators over blending seniority lists put a $20 billion deal to combine Delta Air Lines and Northwest Airlines in "serious jeopardy" as the boards of the two companies prepared to meet Wednesday, two people close to talks told The Associated Press. According to the report, the pilots unions have agreed on a [...].
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SAN FRANCISCO (CBS.MW) -- Pilots at Northwest Airlines approved a $265 million pay cut package, the Air Line Pilots Association said Friday.
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The boards of Delta and Northwest have both scheduled emergency meetings for Tuesday where the deal, which would reshape the airline industry, could be approved.
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Leaders of the union that represents  pilots at Delta Air Lines  and Northwest Airlines   have reached a deal to integrate the two work groups if  the airlines merge, the Detroit News reported on Tuesday.