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Old 04-15-2016 | 09:10 PM
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Timbo
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From: Going to hell in a bucket, but enjoying the ride .
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Originally Posted by GangtaMoose
Okay thank you. would it be fair to say it happened around end of 2006?
I think PBS came to Delta south around October or November of 2004, which was when our first big concessionary agreement was put into place, known as LOA 46, it included a 32% pay cut and lots of other concessions, many of which are still in effect today, such as lost vacation weeks. I believe PBS was not fully implemented in all categories until the fall of 2005. It took them a while to 'work the bugs out'.

LOA 46 was given to "Keep Delta out of Bankruptcy" but obviously, it didn't, and we gave up more concessions once in bankruptcy, like losing our pensions and another, 15% pay cut. This second round of concessions was known as LOA51.

Last edited by Timbo; 04-15-2016 at 09:26 PM.