Delta pilots vote on contract in late May

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.