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US Airways Strike Might be Coming

The pilots at United Airlines and American Airlines are the lucky ones.  They will be voting on new labor contracts in the next few weeks and they expect the first significant pay raise they have been offered in years. However, there is unrest in other major U.S. airlines.  Flight attendants with US Airways voted overwhelmingly in favor of authorizing strike action.  The leaders of the Association of Flight Attendants-CWA say they don’t want to strike, but the flight attendants are still bearing the weight of the bankruptcy that happened ten years ago.

In addition, US Airways and other carriers are still operating under agreements made between 2001 and 2009, back when they had cumulatively lost $53 billion.  However, now they are reporting profits again, $5.2 billion for 2012 and a forecast of profits again in 2013, but they are still wary of the uncertain economy and want to play it safe.

The above article is a summary.  Please see the source article at Google News.

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