March 8, 2014
US Airways and the union representing about 65 flight crew training instructors have tentatively agreed on a new contract to slash costs as the bankrupt airline works to become a low-cost carrier.
Details were withheld until the Transport Workers Union Local 547 could inform its members of the agreement. The carrier is seeking 23 percent pay cuts from all its union workers, according to union leaders who received the request.
The president of the Transport Workers Union called the actions "very difficult," but acknowledged that the members' livelihood depends on successfully restructuring the airline.
US Airways is the nation's seventh largest airline. It filed for bankruptcy earlier this month, its second filing in two years.
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