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- Aug 20, 2002
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US Airways Wants Work-Rule Changes From Unions, WSJ Reports
By Vivien Lou Chen
Arlington, Virginia, Nov. 14 (Bloomberg) -- US Airways Group Inc., which filed for bankruptcy protection in August, is seeking work-rule changes from its unions as part of a way to save money, the Wall Street Journal said.
The carrier is hoping the changes will increase productivity and enable it to do more with fewer workers, the newspaper said. US Airways has indicated that $300 million or more may be saved in annual costs, an unnamed spokesman for the Air Line Pilots Association was quoted as saying.
US Airways filed for Chapter 11 protection from creditors after losses caused by last year''s Sept. 11 terrorist attacks, the U.S. recession and the collapse of a proposed sale to United Airlines parent UAL Corp.
By Vivien Lou Chen
Arlington, Virginia, Nov. 14 (Bloomberg) -- US Airways Group Inc., which filed for bankruptcy protection in August, is seeking work-rule changes from its unions as part of a way to save money, the Wall Street Journal said.
The carrier is hoping the changes will increase productivity and enable it to do more with fewer workers, the newspaper said. US Airways has indicated that $300 million or more may be saved in annual costs, an unnamed spokesman for the Air Line Pilots Association was quoted as saying.
US Airways filed for Chapter 11 protection from creditors after losses caused by last year''s Sept. 11 terrorist attacks, the U.S. recession and the collapse of a proposed sale to United Airlines parent UAL Corp.
