Strike in the Air

DeSue, Tedra
April 2006
Bond Buyer;4/6/2006, Vol. 356 Issue 32355, p31
Trade Publication
The article reports on the plan of Air Line Pilots Association International to have a strike if Delta Air Lines Inc. rejects their labor contract in the U.S. The contract implies several concessions designed to keep the airline afloat. However, pilots agreed to a 32.5 percent pay cut as part of a package of concessions to save Delta Air Lines Inc. about one billion dollars a year over a five-year period.


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