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Agents Narrowly OK Rollbacks at US Airways
CWA members at US Airways, threatened with losing their jobs at the bankrupt carrier, have approved proposed modifications to their contract in a close vote.
CWA members joined the Pilots, Flight Attendants and Machinists unions in agreeing to the rollbacks - their second round of benefit cuts and contract changes - in order to meet the requirements of the $900 million federal loan the carrier is seeking.
US Airways' final proposal was an ultimatum from management to accept its demands or face the liquidation and sale of the company and its assets. With this understanding, CWA members reluctantly approved the changes.
In the second round of cutbacks, US Airways was seeking a total of $200 million from employee groups. Agents had already voted last September to accept $460 million in pay and benefits cutbacks to keep the airline operating.
The final tally in the agents' vote was 50.1 percent to
approve the changes and 49.9 percent to reject them.
The ratification vote was directed by the American Arbitration Association in an Internet and telephone process.
CWA members joined the Pilots, Flight Attendants and Machinists unions in agreeing to the rollbacks - their second round of benefit cuts and contract changes - in order to meet the requirements of the $900 million federal loan the carrier is seeking.
US Airways' final proposal was an ultimatum from management to accept its demands or face the liquidation and sale of the company and its assets. With this understanding, CWA members reluctantly approved the changes.
In the second round of cutbacks, US Airways was seeking a total of $200 million from employee groups. Agents had already voted last September to accept $460 million in pay and benefits cutbacks to keep the airline operating.
The final tally in the agents' vote was 50.1 percent to
approve the changes and 49.9 percent to reject them.
The ratification vote was directed by the American Arbitration Association in an Internet and telephone process.