:Delta Air Lines Inc. and its pilots union have reached a tentative agreement on pay and benefit cuts that could avert a strike, according to a memo from the union to its pilots.
No details of the agreement were released.
An arbitration panel due to rule by April 15 on Delta's request to abandon the current pilot contract had urged the two sides to strike a deal on their own.
The pilots union had threatened to strike if its contract is thrown out. Delta, which has been operating under bankruptcy protection since September, has said in court papers that a pilot strike would put it out of business.
Any deal on long-term pay and benefit cuts would have to be ratified by the airline's 5,930 pilots.
The average Delta pilot made about $157,000 last year, the company says. The union says that figure is inflated by overtime and that average pilot pay at Delta will decline to less than $125,000 this year.
|Quoting Lightsaber (Reply 2):|
Looks like the cooler heads prevailed. Who was it who had the theory that their wives would talk sense into them.
|Quoting AndrewUber (Reply 5):|
Who said the pilots gave in? While I hate unions and I was really pulling for the airline on this one - we don't know what happened. Maybe the pilots accepted some concessions - maybe the airline reduced the amounts of the pay cuts. We don't konw just yet.
|Quoting SeeTheWorld (Reply 4):|
Wow! Isn't it funny that when the news is good, and people can't bitch, they have very little to say.
|Quoting Corey07850 (Reply 12):
Why does everyone think the pilots are the ones to give in?