Delta May Ask Pilots For $1 Billion Concession | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 08.22.16

Airborne 08.23.16

Airborne 08.24.16

Airborne 08.18.16

Airborne 08.19.16

Airborne Hi-Def On YouTube

Airborne 08.22.16

Airborne 08.23.16

Airborne 08.24.16

Airborne 08.18.16

Airborne 08.19.16

Tweet Us The Coolest Things You See @OSH16!
#OSH16Coolest!

It's Alive!: AirVenture 2016 Innovation Preview on Vimeo!

It's Alive!: AirVenture 2016 Innovation Preview on YouTube!

Wed, Jul 07, 2004

Delta May Ask Pilots For $1 Billion Concession

Otherwise, Carrier Says, It's Chapter 11

Delta Airlines wants its high-paid pilots to give up $1 billion a year in concessions, otherwise threatening to file for Chapter 11 bankruptcy, according to a national newspaper.

USA Today reports the new demand is decidedly higher than the $800 million Delta asked its pilots to give up earlier this year.

The pilots' union (ALPA) appears unwilling to play the "take-it-or-leave-it" deal Delta is offering. A spokeswoman for the union told USA Today that it will make its own offer to the airline next week.

Talks between Delta and the ALPA broke down back in January. The company wanted $800 million a year in concessions. The pilots were only willing to take a 30-percent pay cut. That left them the highest paid pilots in the business, while it left Delta with a lot of red ink on its books.

But the ALPA pilots may want something in return for their concessions. Union Chairman John Malone told USA Today he expects some sort of equity or a seat on the Delta board if his pilots give in.

FMI: www.alpa.org, www.delta.com

Advertisement

More News

Airborne 08.22.16: Small Drone Rule, Lightspeed Tango, Paper Chart Prices

Also: CommutAir, Norseman Takeoff, Asteroid Sample, A-4 Accident, RS-25 Test, ANA's 50th 787, Banyan Repair Station We have been covering the news about FAR 107, which addresses no>[...]

AD: Airbus Airplanes

AD NUMBER: 2016-17-03 PRODUCT: Certain Airbus Model A319 and A320 series airplanes and certain Airbus Model A321 series airplanes.>[...]

AD: Dassault Aviation Airplanes

AD NUMBER: 2016-17-02 PRODUCT: Certain Dassault Aviation Model FALCON 900EX and FALCON 2000EX airplanes.>[...]

ANN's Daily Aero-Linx (08.23.16)

The SlingCrew Facebook Page A Facebook page created by a group of friends in search of adventure. Bringing together the flying & filmmaking stories of pilots around the world.>[...]

ANN's Daily Aero-Term (08.23.16): Pilot Briefing

A service provided by the FSS to assist pilots in flight planning.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC