US Airways talks to unions for survival strategies
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ALEXANDRIA: US airways has reached a tentative agreement with the union representing more than 5,000 customer service workers, and continued talks with two other big labour groups about steep givebacks to keep the airline flying past January.
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Leaders of the union representing mechanics and baggage handlers at US Airways would like to present a concession package to members within several days, the union said on Friday.
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Bankrupt US Airways UAIRQ.OB  sought consent from its big unions on Wednesday for temporary  relief from contracts and threatened to go to court to force  changes if workers did not voluntarily agree.
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US Airways plans to ask a federal bankruptcy judge to impose temporary pay cuts on its workers unless it can reach agreement with its unions before then.
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Bankrupt US Airways is giving flight attendants, machinists and passenger service workers three weeks to reach consensual cost-cutting pacts before the airline asks
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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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With a bankruptcy court scheduled to hear arguments Thursday by US Airways Group Inc. to throw out contracts covering union workers who haven&#39;t approved new deals, union leaders for the carrier&#39;s customer-service
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Attempting to ward off a second bankruptcy filing, management and pilots of US Airways (Nasdaq: UAIR) took discussions of concessions that might keep the airline afloat through this past weekend.
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Pilots and management at US Airways continue talks Friday in hopes of making a deal to help save the struggling carrier. Negotiations might continue into the Labor Day weekend, says pilots union spokesman Jack Stephan.
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A "frustrated" chief executive of US Airways Group Inc. told employees yesterday that despite recent assertions from the airline's chairman, the carrier could survive a second bankruptcy filing -- but only with revised labor agreements.
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US Airways (UAIR) executives Tuesday held out hope of reaching a key money-saving deal with pilots, despite a major setback late Monday.
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Labor leaders at US Airways expect management to soon seek bankruptcy court permission to cut wages for members of some of its five unions.
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US Airways met with two unions yesterday to try to agree on concessions before an Oct. 7 hearing at which a bankruptcy judge may let the carrier temporarily reduce pay 23 percent to help avoid potential liquidation.
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US Airways Group Inc. will begin liquidation in mid-January if it fails to secure new lower-cost, long-term contracts with three of its largest labor unions either by negotiation or court
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US Airways (UAIRQ.OQ: Quote, Profile, Research) has asked a bankruptcy judge to approve temporary wage and other cost cuts from its unions, saying it only has enough cash to survive through January 2005.
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As US Airways confronts the possibility of a second bankruptcy protection filing, the Arlington-based carrier has a new offer for the unions representing its pilots and flight attendants.
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US Airways  has asked a bankruptcy judge to approve temporary wage and other cost cuts from its unions, saying it only has enough cash to survive through January 2005.