Judge defers ruling on US Airways requests
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US Airways Group Inc. has told a judge in US Bankruptcy Court it needs an answer by the end of next week on its proposal to cut employee pay 23% or it faces possible liquidation, the Associated Press reports.
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US Airways Group Inc. will seek a court injunction to prohibit a strike by disaffected unions that have threatened a walkout if a bankruptcy judge grants the airline&#39;s request to cancel their labor contracts.
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US Airways lawyers told a federal bankruptcy judge here Thursday that the carrier can&#39;t afford to maintain its current pension plans.
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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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A bankruptcy judge gave US Airways Group Inc. permission Monday to tap a government loan to fund daily operations - a move expected to allow the airline to continue normal operations while it searchs for alternative financing.
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US Airways Group Inc. met with two unions to try and agree on concessions before an Oct. 7 hearing at which a bankruptcy judge might let the carrier temporarily reduce pay 23 percent to help avoid potential liquidation.
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Travelers flying US Airways during the coming holidays can breathe a little easier. The threat of labor-related disruptions has eased ... for the moment. Expanded hearings next month have decreased the likelihood
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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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US Airways Group Inc. yesterday asked a federal bankruptcy judge to void labor agreements with three unions to help it slash costs and avoid liquidation.
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ARLINGTON, Va. US Airways has asked a bankruptcy judge to impose temporary pay cuts on union workers to conserve cash flow during the slow fall travel season.
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A federal judge on Friday  blocked a threatened strike by flight attendants at bankrupt  Northwest Airlines Corp. , saying he needs more time  to consider the matter.
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A federal judge dismissed an airline industry lawsuit that sought to block a state law, which would ensure basic services are provided to delayed passengers, the New York State attorney general said on Thursday.
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ALEXANDRIA, Va. -- US Airways asked a bankruptcy judge yesterday to cancel labor contracts with three of its unions and impose much lower pay so it can move ahead with a plan to permanently cut costs, reposition itself as a low-cost carrier, and avoid a possible liquidation.
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US Airways Group Inc.  told a bankruptcy court on Monday it would skip a &#36;110 million pension payment due Wednesday as it looks to slash costs and avoid liquidation after filing for protection from its creditors over the weekend.
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TORONTO - The judge overseeing Air Canada&#39;s reorganization warned the carrier yesterday to ditch the &quot;us-versus-them&quot; mentality that has dominated the way business was conducted in the past.
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US Airways will ask the bankruptcy court to temporarily nullify its labor agreements and impose wage cuts if the carrier's unions do not agree on concessions by Friday, the chief executive told employees yesterday.
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A federal bankruptcy court judge yesterday granted US Airways most of the emergency pay cuts for its union members that it had said were critical to avoid liquidation.