Dizel8
Douglas metal
- Joined
- Feb 27, 2003
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US Airways pilots ratify new contract
Pact cuts pay by 18%, reduces benefits
TONY MECIA
Staff Writer
US Airways' pilots ratified a new cost-cutting contract Thursday, with 57 percent of pilots voting in favor of the agreement, according to union sources.
The pact, which cuts pay by 18 percent and reduces benefits and job protections, will save the airline at least $300 million a year and is a major step forward in the company's efforts to survive.
US Airways, which has its largest hub in Charlotte, now turns its attention to negotiating with other labor groups such as flight attendants, ticket agents and mechanics.
Last week, a bankruptcy court judge imposed temporary pay cuts of 21 percent on union members as the airline negotiates with those groups. The pilots' agreement will supersede those court-imposed cuts."
Not that there are any 12 years captains, but the new rate on the 73 at 12 years would be $124/hour and A-330 would be $160/hour.
Pact cuts pay by 18%, reduces benefits
TONY MECIA
Staff Writer
US Airways' pilots ratified a new cost-cutting contract Thursday, with 57 percent of pilots voting in favor of the agreement, according to union sources.
The pact, which cuts pay by 18 percent and reduces benefits and job protections, will save the airline at least $300 million a year and is a major step forward in the company's efforts to survive.
US Airways, which has its largest hub in Charlotte, now turns its attention to negotiating with other labor groups such as flight attendants, ticket agents and mechanics.
Last week, a bankruptcy court judge imposed temporary pay cuts of 21 percent on union members as the airline negotiates with those groups. The pilots' agreement will supersede those court-imposed cuts."
Not that there are any 12 years captains, but the new rate on the 73 at 12 years would be $124/hour and A-330 would be $160/hour.
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