September 8, 2004 |
US Airways Group Inc.'s pilots union rejected proposed pay and benefit cuts, threatening to derail the carrier's plan to wrest $800 million in labor concessions in time to avoid a second bankruptcy filing. Leaders of the Air Line Pilots Assn., which represents 3,000 employees, decided Monday night not to send a company proposal to members for a vote. No talks are scheduled between the company and the union, said US Airways spokesman David Castelveter. US Airways, the seventh-largest U.S.
CALIFORNIA | LOCAL
April 2, 2004 |
Gov. Arnold Schwarzenegger on Thursday turned up the pressure on the prison guards union to accept a pay cut, effectively inviting the Legislature to cut the $201.4-million raise that guards are scheduled to receive. Using a rather arcane bureaucratic procedure, Schwarzenegger notified the Legislature that he has changed the way employees' pay is displayed in the state budget.
CALIFORNIA | LOCAL
March 2, 2004 |
Riverside City Council members tonight will discuss cutting their own salaries by more than a third. The proposal by newly elected Councilman Dom Betro calls for rolling back a pay increase that was approved in late 2002. If Betro is successful, which appears unlikely, the city will save nearly $100,000 annually.
CALIFORNIA | LOCAL
December 4, 2003 |
The Lynwood City Council on Wednesday night postponed a decision on whether to slash members' salaries by nearly half. The city's council members are among the highest paid part-time politicians in the state, and many community activists have called for pay cuts. For years, council members have had $804 monthly salaries that, by state law, can be raised only to reflect cost-of-living adjustments.
February 6, 2003 |
Delta Air Lines Inc. will reduce pay by 8% for most executives and by 10% for Chief Executive Leo Mullin and President Fred Reid on March 1, the company said in a memo to employees. Delta also may lower employee wages to stay competitive with pay at carriers that have filed for bankruptcy protection, Mullin said.
February 5, 2003 |
American Airlines pleaded with employees Tuesday to make steep cuts in wages, benefits and work rules to save $1.8 billion annually, stressing that the company's livelihood was at stake. "Our financial results make it abundantly clear that American's future cannot be assured until ways are found to significantly lower our labor and other costs," the company said after a private meeting with labor leaders.
January 11, 2003 |
A U.S. bankruptcy judge Friday ordered temporary 13% pay cuts for United Airlines' unionized machinists, buying the airline more time to negotiate broad concessions from its entire unionized workforce. United, a unit of UAL Corp. and the world's second-largest airline, filed for bankruptcy protection Dec. 9. Since then, four of the carrier's five unions have agreed to temporary pay cuts to help the airline reorganize and meet specific financing requirements by lenders.
January 8, 2003 |
United Airlines' pilots have approved the 29% interim pay cuts proposed by the carrier as part of its push to slash costs under bankruptcy protection. The 8,800 pilots are the first of United's employee groups to approve wage cuts and, as the highest-paid, will see the most taken out of their paychecks. Shares of United parent UAL Corp. rose 14 cents to $1.49 on the NYSE.
December 31, 2002 |
Union machinists for United Airlines will challenge in court the company's attempt to impose a 13% temporary pay cut, a lawyer for the group said. United parent UAL Corp. filed for bankruptcy protection Dec. 9. Unions representing pilots, flight attendants, flight dispatchers and meteorologists have tentatively agreed to accept stiff pay cuts. However, the International Assn.
August 16, 2002 |
US Airways Group Inc. has asked its mechanics to absorb an initial wage cut and other concessions to speed its bankruptcy restructuring and boost its chances of getting government-backed loans, the mechanics' union said. Mechanics and others who earn more than $14.42 an hour would take a 6.8% wage cut upfront, according to a US Airways proposal revealed by the International Assn. of Machinists.