Delta pilots vote on contract in late May

April 24, 2006 at 12:32 PM

ATLANTA, April 24 (UPI) -- Delta Air Lines pilots will vote on a proposed contract that would extend a 14 percent pay cut made in December.

In return for accepting the extension, Delta vows to give pilots a $2.1 billion claim that would convert to a still-to-be-determined stake in the carrier when it emerges from bankruptcy, the Wall Street Journal said Monday.

The 6,000 pilots are set to vote in the second half of May.

Related UPI Stories
Latest Headlines
Trending Stories
American Apparel files for Chapter 11 bankruptcy
Womb transplants begin in U.K. after Sweden's success
Gay Vatican priest comes out day before Pope Francis begins synod on family issues
Scientists find roadmap that may lead to 'exercise pill'
Nobel Prize in medicine awarded to parasitic disease scientists