Tag: US Air

IAM & US Airways – Negotiation Update: NMB MEETING SCHEDULED

The National Mediation Board (NMB) has scheduled meetings between the principal  representatives in the US Airways – IAM negotiations. The meetings are set for March 18 and 19, 2014 at the offices of the NMB in Washington, DC. While preparations continue for a proffer of arbitration, rejection of that proffer and the establishment of a…

How four other airlines have fared in and emerged from bankruptcy

United Airlines Filed for bankruptcy: Dec. 9, 2002 Length of time in bankruptcy: 38 months Capacity changes: 20 percent fewer airplanes; trimmed capacity by 8 percent Job cuts: 30 percent fewer employees, about 58,000 Wage/benefit cuts: Terminated defined-benefit pensions; average pay for pilots, mechanics and ground workers dropped about 35 percent; flight attendants’ average pay…