David Davis, US Airways executive vice president of finance, said revenue in October is tracking worse than projected, which includes assumptions that consumers are avoiding the airline because of its financial plight.
Another bang up job by our current management. Hard to believe this crack management would be off on a projection of revenue. Maybe the company will be asking for a mere $1,000,0000,000 in givebacks now due to this slight error in judgement.
US Airways, Unions Spar Over Pay-Cut Plan
Thursday October 7, 8:01 pm ET
By Matthew Barakat, AP Business Writer
US Airways, Unions Spar Over Proposed Temporary Pay Cuts of 23 Percent
ALEXANDRIA, Va. (AP) -- US Airways' unions say the bankrupt airline is "barking up the wrong tree" by seeking to ensure its solvency by imposing a 23 percent pay cut on its workers.
