11/14/2004: US Airways Seeks Benefit Cuts and Contract Repeals

The Washington Post; subscription may be required

Excerpt: US Airways ... asked a bankruptcy court judge to terminate the long-term contracts of its flight attendants, mechanics, and customer service and ticket agents if the workers fail to agree on millions of dollars in pay and benefit cuts. The ... airline also asked the judge for permission to reduce or eliminate company-paid health benefits for retirees and replace the remaining defined-benefit retirement plans of its flight attendants and mechanics with a defined-contribution plan[.]

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