US Airways Talks Set to Resume

Updated from 12:54 a.m. EDT

US Airways (UAIRQ Quote) pilots have been ordered to return to the negotiating table to hammer out an agreement on wage concessions to help save the already bankrupt airline.

After a series of internal meetings in Charlotte, N.C., the union leadership representing US Airways' pilots have agreed to jump-start negotiations on management's latest offer, which the union received on Monday. Two weeks ago, the union balked at putting management's last offer to a general vote, helping push the company into bankruptcy for the second time in two years.

"This resolution, passed unanimously by our governing body, allows our pilot negotiators to proceed unrestricted and provides them with a renewed momentum to reach a tentative agreement ... We expect a fair resolution to the unfortunate circumstances we face," said Jack Stephan, spokesman for US Airways' pilots. "Both [pilots] and the company are in full agreement on the necessity of returning this airline to profitability. And we are prepared to work day and night to see that happen." ...