Delta Pilots Digest Tentative Agreement On Cuts; Approval Now in Their Hands

Summary


ATLANTA (AP) - Delta Air Lines Inc. executives said Saturday the roughly $280 million in average annual concessions approved by leaders of its pilot union is less than the airline wanted, but it agreed to the deal because of the likelihood the pilots' pension plan will be terminated.

A company statement did not say how it arrived at that figure, which includes a 14 percent wage cut, but it said Delta believes the cuts are enough to help it successfully reorganize in bankruptcy.

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Delta Pilots Digest Tentative Agreement On Cuts; Approval Now in Their Hands

"It also represents additional hardship for our pilots and I appreciate their consideration of something that is vitally important to the future of this com...

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