Mystere IV A
September 10, 2002, 04:45 AM
The bankrupt US Airways Group reached a tentative deal yesterday with the Communications Workers of America, which represents 8,000 ticketing and reservation agents, on a package of wage and other givebacks. The deal came just days before the company planned to ask a federal bankruptcy judge to throw out contracts with unions that have not agreed to concessions. The pilots and flight attendants have already agreed to more than $500 million in annual wage and benefit concessions. The only major union that has not made concessions is the group representing mechanics, the International Association of Machinists and Aerospace Workers, with whom talks resumed yesterday. Neither side would say how much the concession package would save the airline, which filed for Chapter 11 bankruptcy protection in August and is seeking $1.3 billion in annual savings as part of its reorganization and bid to obtain a $900 million federal loan guarantee.
US Airways reached a tentative agreement today with the Communications Workers of America (CWA), which represents approximately 8,000 reservations and airport ticketing and gate personnel.
The tentative agreement requires ratification by the CWA membership. Votes are expected to be allied no later than Sept. 17, 2002.
"This has been a difficult process, yet US Airways and the CWA together have worked to reach an agreement that meets the target cost reductions," said Jerry A. Glass, US Airways senior vice president of employee relations. "We thank the CWA's leadership and recognize the significance of the sacrifices we are asking our employees to make."
Glass said that US Airways will ask the U.S. bankruptcy court for a short delay from its request to seek relief from the CWA's existing contract to allow for an expedited ratification.
US Airways currently has restructuring plan agreements in place with its pilots, represented by the Air Line Pilots Association; flight attendants, represented by the Association of Flight Attendants; simulator engineers, dispatchers, and the flight crew training instructors, each represented by the Transport Workers Union; fleet service workers, represented by International Association of Machinists (IAM) District 141; and maintenance training specialists, also represented by the IAM.
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[ 09-10-2002, 05:46 AM: Message edited by: mystere ]
US Airways reached a tentative agreement today with the Communications Workers of America (CWA), which represents approximately 8,000 reservations and airport ticketing and gate personnel.
The tentative agreement requires ratification by the CWA membership. Votes are expected to be allied no later than Sept. 17, 2002.
"This has been a difficult process, yet US Airways and the CWA together have worked to reach an agreement that meets the target cost reductions," said Jerry A. Glass, US Airways senior vice president of employee relations. "We thank the CWA's leadership and recognize the significance of the sacrifices we are asking our employees to make."
Glass said that US Airways will ask the U.S. bankruptcy court for a short delay from its request to seek relief from the CWA's existing contract to allow for an expedited ratification.
US Airways currently has restructuring plan agreements in place with its pilots, represented by the Air Line Pilots Association; flight attendants, represented by the Association of Flight Attendants; simulator engineers, dispatchers, and the flight crew training instructors, each represented by the Transport Workers Union; fleet service workers, represented by International Association of Machinists (IAM) District 141; and maintenance training specialists, also represented by the IAM.
Fly High graemlins/windsock_smilie.gif
graemlins/pilot2_smilie.gif
[ 09-10-2002, 05:46 AM: Message edited by: mystere ]