Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Union: Delta Deal Could Avert Bankruptcy  
User currently offlineJacobin777 From United States of America, joined Sep 2004, 15375 posts, RR: 58
Posted (11 years 7 months 5 days 16 hours ago) and read 2388 times:

Delta Pilots Union Says Its Concessions Could Save Airline From Bankruptcy

ATLANTA (AP) -- Delta Air Lines' pilots union said late Wednesday it had reached a tentative agreement on concessions that could save the struggling carrier from bankruptcy.
Union spokeswoman Karen Miller said the deal came after 15 months of negotiations that have intensified in recent days. She said the union would review the agreement, but would not provide details for now.


"Up the Irons!"
6 replies: All unread, jump to last
User currently offlineN160LH From United States of America, joined Aug 2004, 280 posts, RR: 0
Reply 1, posted (11 years 7 months 5 days 14 hours ago) and read 2291 times:

Now i wonder how many of our "golden boys" will retire!!!

Either way it has been a good week for Delta......!


"I do alright up in the air, its down on the ground that I tend to mess up..."
User currently offlineFlyingDoc From United States of America, joined Oct 2004, 87 posts, RR: 0
Reply 2, posted (11 years 7 months 5 days 14 hours ago) and read 2263 times:

The Wall Street Journal is also reporting that an agreement has been reached. It is supposed to save DL $1 billion/year. Details are supposed to be released tomorrow. The negotiators bargained all night on Monday until Tuesday afternoon. They then took a break and resumed today when the agreement was reached. According to the WSJ story, the agreement came within hours of a planned DL board meeting to vote for filing bankruptcy.

User currently offlineOlympus69 From Canada, joined Jun 2002, 1737 posts, RR: 7
Reply 3, posted (11 years 7 months 5 days 14 hours ago) and read 2239 times:

Heres the link.


User currently offlineBubbinski From United States of America, joined Jan 2004, 159 posts, RR: 0
Reply 4, posted (11 years 7 months 5 days 14 hours ago) and read 2233 times:

Let's hope this is true and DL won't go into Chapter 11. That would be very good news for a lot of people and places, like Salt Lake City. It seems like a lot of times people go to the very brink then blink and do the right thing. Reminds me of when American avoided bankruptcy at the last minute.

"Simplify" - Thoreau
User currently offlineDeltaGuy From , joined Dec 1969, posts, RR:
Reply 5, posted (11 years 7 months 5 days 12 hours ago) and read 2165 times:

Reminds me of that too....but it also makes me wonder if this is just a drop in the bucket to stave off BK for another month or two, only for it to hit then...time shall tell ladies and gentlemen...either way, el piloto pay sure ain't ever gonna look as good as it will for these last few days, and has looked ever since "United Plus 1"  Sad


User currently offlineScotron11 From United Kingdom, joined Feb 2004, 1276 posts, RR: 3
Reply 6, posted (11 years 7 months 5 days 11 hours ago) and read 2144 times:
Support Airliners.net - become a First Class Member!

Talk about not giving in without a fight! Fifteen-months of negotiations....and they finally see the writing on the wall....wonder what it said?

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
USAir May Drop Delta Deal! posted Wed Dec 6 2006 16:11:53 by AA787823
USAirways-Delta Deal Cuts Flights At 25 Airports posted Sun Nov 19 2006 23:29:48 by KarlB737
Non-Union Delta Vs. Union US Airways posted Wed Nov 15 2006 17:39:58 by CO767FA
Pilots Union Reaches Deal With Mesaba posted Sun Oct 29 2006 02:27:25 by KarlB737
Eads Deal Could Push Out French Executive posted Tue Jun 27 2006 02:48:33 by Elvis777
Pension Insurer Objects To Part Of Delta's Deal posted Fri May 26 2006 03:57:57 by Halls120
Delta's Pilots Could Go On Strike posted Mon Nov 14 2005 17:32:43 by Alberchico
Delta May File For Bankruptcy Wed. posted Mon Sep 12 2005 21:18:34 by Indio66
Delta Air Seen Filing Bankruptcy Before Oct. 17 posted Wed Sep 7 2005 18:26:21 by KarlB737
How Can Delta Avoid Filing For Bankruptcy? posted Fri Aug 26 2005 01:32:06 by Flydl2atl