Originally Posted by Seaber
Let's hope this is all true. That would be great news.
Delta Air Lines, Pilot Union Negotiators Reach Tentative Agreement
Friday April 14, 9:39 am ET
ATLANTA, April 14, 2006 (PRIMEZONE) -- Delta Air Lines today confirmed that a tentative agreement has been reached between the negotiators for the company and the Air Line Pilots Association, the collective bargaining representative for Delta's approximately 6,000 active pilots.
ALPA's Master Executive Council (MEC), the leadership body of the Delta pilot union, will decide whether to put the tentative agreement before Delta pilots for a vote. In addition to pilot ratification, the agreement is also subject to U.S. Bankruptcy Court approval.
The company is not disclosing details at this time. ``We are going to respect the MEC review process,'' said Edward H. Bastian, Delta's executive vice president, chief financial officer and head of the company's in-court restructuring efforts. ``We have worked hard together as a team to forge an agreement that is good for Delta and all of its constituents,'' he added.
``Delta passengers can continue to book on Delta with confidence. There has been no disruption to our service. Our pilots are performing professionally, flying as scheduled, and together with all Delta employees, are taking good care of our customers,'' emphasized Bastian. Barring any disruptions, the company is on track to achieve approximately 70 percent of its business plan's benefits by the end of this year, with the goal of successfully emerging from bankruptcy in 2007.
http://biz.yahoo.com/pz/060414/97412.html