US Airways seeks 23% cut in staff salaries
Article Abstract:
US Airways Group Inc. seeks to impose 23 percent pay cuts on its 25,0000-plus unionized workers as it is operating under Chapter 11 bankruptcy protection and needs reduction for its survival. The company avoids pay cuts of management employees as most nonunion employees earn the same or less than their counterparts at the low-cost carriers that US Airways is trying to emulate.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Union won't let its pilots vote on US airways deal
Article Abstract:
Leaders of the US Airways Group Inc. pilot's union refused to let their members vote on a proposed cost-cutting contract, a setback to the company's efforts to stave off another trip to Bankruptcy Court and possible liquidation. Other pilots on the leadership council believed that the full membership would approve the company's offer if they could vote on it.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
An unhappy crew is left at US Airways
Article Abstract:
The author presents an analysis of US Airway's cuts to employee salaries following emergence form bankruptcy protection and its effects on Philadelphia-based employees. Topics include employee compensation and salaries, labor relations, and bankruptcy reorganization.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Taking the final step : a year later, First Union will complete its takeover of CoreStates today. Pa. given persission to take over Reliance
- Abstracts: US Airways carrying more than financial baggage. US Airways to lay off 890 flight attendants. On course, on schedule to end of bankruptcy
- Abstracts: Cash is king as firms keep a tight rein on dividends. Early results of big merger thrill Comcast. Comcast calls loss for 2002 smaller than it expected