facebook
twitter
rss
account
search
search
 

Delta pilots vote on contract in late May

April 24, 2006 at 12:32 PM   |   Comments

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.

© 2006 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Tesla could face sales ban in Michigan Tesla could face sales ban in Michigan
2
Early completion of refit of Italian aircraft carrier Early completion of refit of Italian aircraft carrier
3
British Reaper UAVs join the fight against Islamic State British Reaper UAVs join the fight against Islamic State
4
Russia doesn't fear Azeri gas, scholar says Russia doesn't fear Azeri gas, scholar says
5
Europe must drop the euro, Germany abandon mercantilism Europe must drop the euro, Germany abandon mercantilism
Trending News
Around the Web
x
Feedback