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By Dan Fitzpatrick, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News
Aug. 1--On the afternoon of June 17, US Airways Chief Executive Officer Bruce Lakefield stood before a group of 100 pilots at the Hyatt Regency Pittsburgh International Airport, and in his monotone voice promised, "I am here to be straightforward with you."
The pilots, many of them meeting the new CEO for the first time, tested the 60-year-old Lakefield with a series of tough, candid questions.
Was he dressing up the airline for a sale? No.
Will more pilots be furloughed if the company survives? Yes.
Will the airline's Alabama-based owner contribute any more money? Not if the company files for bankruptcy again.
But the most frequent question asked of Lakefield was why the pilots, providers of $565 million in annual concessions the past two years, were being asked to give up another $295 million before all labor groups had agreed to sit down at the bargaining table. As one questioner put it in that day's closed-door session, "Pilots are very concerned that you will not get the other groups to participate."
Source: HighBeam Research, Talks between US Airways pilots, management bog down over details.