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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (77099)	10/13/2004 8:45:00 AM
From: DMaA	Read Replies (2) \| Respond to of 793759

It could all be cleared up so easily if Kerry'd just release all his military documents.

To: DuckTapeSunroof who wrote (77099)	10/15/2004 2:45:07 PM
From: LindyBill	Read Replies (2) \| Respond to of 793759

The only way these airlines can cut their costs is to go into bankruptcy court and void their Union agreements. US Airways Authorized to Cut Workers Pay by 21% By THE ASSOCIATED PRESS ALEXANDRIA, Va. (AP) -- A bankruptcy judge granted US Airways authority Friday to immediately cut the pay of its union workers by 21 percent, saying the airline's situation is so dire that urgent action must be taken. The 21 percent pay cut is nearly all of the 23 percent cut the air carrier, a unit of US Airways Group Inc., had sought. "Basically what we have here is a ticking fiscal time bomb," U.S. Bankruptcy Judge Stephen Mitchell said in issuing the ruling. The temporary pay cuts are in place until Feb. 15, 2005, one month less than what the airline had sought. Mitchell also granted the airline authority to reduce the size of its jet fleet.