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Old 08-10-2005, 09:26 AM   #1  
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Default Delta pilots = facing 2nd concession round?

What would some of you pin the odds of Delta's pilots having to fork up another round of concessions? Here is what I read early this a.m.--

and that the company could be looking for an additional $225 million annually from its pilots and possibly could seek non-union pay cuts as well.

Grinstein said last year something along the lines of Do it Once, and Do it Right. I certainly hope he sticks to these words.

This industry needs a recovery already! But jet go-juice at $65 surely isn't helping.
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Old 08-10-2005, 10:07 AM   #2  
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The Wall Street Journal online is reporting that the pilots are back at the table discussing another package of concessions. FWIW
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Old 08-10-2005, 10:39 AM   #3  
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Just found this:


Delta Pilots Mull More Concessions

United Press International

Atlanta's Delta Air Lines pilots, who already have made $5 billion in salary concessions, are debating more givebacks to prevent an airline bankruptcy filing.

Air Line Pilots Association members appear uncertain whether another round of pay concessions could prevent Delta from bankruptcy, the Wall Street Journal reported Wednesday. But pilots could face yet more severe pay and benefit cuts if the nation's No. 3 carrier files for protection from its creditors.

Any window of opportunity on concessions may be closing soon. Delta said it was talking with a new card processor to replace a pact with Visa USA Inc. and MasterCard International Inc.

The carrier's current card-processing deal expires Aug. 29, and any new arrangement could drain the airline of needed cash.
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