WASHINGTON, June 25 (Reuters) - Pilots at US Airways ((UAIR.N)) are offering to take a 12.5 percent pay cut and work more hours through 2008 to help meet fresh cost-cutting targets at the carrier as it struggles to stay viable, the pilots union said on Friday.
Dave Mark - Intrinsic Algorithm - Reducing the world to mathematical equations!
StevenUhl777 From , joined Dec 1969, posts, RR:
Reply 1, posted (10 years 8 months 1 week 5 days 19 hours ago) and read 3860 times:
Interesting....I think it's a safe bet that the US and the pilots will reach some sort of agreement.
The flight attendants, mechanics, and others are quite a different story, however.
This extra $1.5b should have been cut while in Ch. 11! Never leave anything on the table before emerging...US didn't heed that advice. Now, they find themselves in the situation they're in....and it may very well lead to another Ch. 11 to get the rest.
Scootertrash From United States of America, joined Aug 2001, 569 posts, RR: 9
Reply 4, posted (10 years 8 months 1 week 5 days 6 hours ago) and read 3734 times:
Yeah this pretty much makes DALPA's bargaining position untenable.
I think that IAM and CWA at US Airways will come around eventually. Historically these groups look to the pilots to take the first hit when it comes to concessions. I think you'll hear a little bit more of a conciliatory attitude from them next week.
I still am waiting to see what productivity improvements management has in store, especially on the ground service and maintenance side of the house.