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

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 06.22.17

Airborne 06.26.17

Airborne 06.27.17

Airborne 06.21.17

Airborne 06.22.17

Airborne 06.23.17

Airborne-Unmanned 06.20.17

Airborne-YouTube

AMA 06.22.17

Airborne 06.26.17

Airborne 06.27.17

Airborne 06.21.17

Airborne 06.22.17

Airborne 06.23.17

Airborne-Unmanned 06.20.17

XPONENTIAL Innovation Preview -- www.allthingsunmanned.com

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-Unmanned 06.20.17: UAS Orgs v Bad Regs, Anti-Collision, Drone Race $$

Also: Solar-Powered UAS, NK Drone, UAS Survey, Brian Wynne Interview The team at AUVSI is staying plenty busy as they and 13 other organizations authored a letter to members of Con>[...]

AMA Drone Report 06.22.17: FAA Reauthorization, Rotor Riot Int'l, DRL on ESPN

Also: Drones at Oshkosh!, Drone Regulatory Effort, AMA Drone Report-Help Wanted, Aero-TV: MultiGP Drone Racing The House of Representatives has published initial language to reauth>[...]

Airborne 06.23.17: Airbus 'Racer', RANS 'Fly To Work', Boater v Floatplane

Also: House ATC Bill, Golda Cox, Boeing Forecast, Concorde Battery, C-130J-SOF, SpiceJet, Flt School Closure Airbus Helicopters has unveiled their ‘Racer’ -- which stan>[...]

Aero-News: Quote of the Day (06.26.17)

"At a time when reauthorizing the FAA should be paramount, it is neither a prudent nor responsible decision to introduce legislation that jeopardizes our standing as the world lead>[...]

Aero-News: Quote of the Day (06.25.17)

“The airline market in Africa has been growing slowly but steadily as the industry is becoming more liberalized and the infrastructure to support the growth is being put in p>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC