Pilots agree to $290mln annual concessions
ATW Online | Apr. 18, 2006
Delta Air Lines pilots, represented by the Air Line Pilots Assn., agreed to $280-$290 million in annual concessions, including a 14% pay cut, in the tentative labor agreement reached on Friday (ATWOnline, April 17), according to The Wall Street Journal.Delta was seeking approximately $315 million in givebacks. The pilots' Master Executive Council said it would review the deal this week and decide whether or not to submit it to union members for a vote.