US Airways May Liquidate by February
Sep 28th, 2004 | By Jared BlankUS Airways would like a judge to impose a 23% reduction to staff wages immediately to fend off a liquidation. In a bankruptcy filing the airline said that it will not have enough cash to continue operations if it does not receive the paycut. With this cut, the average flight attendant will see her (his?) salary reduced from roughly $37,000 a year to $27,000 a year. That is painful. I’m sure many FAs are asking themselves whether these cuts are worth it to save the flailing carrier.