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$280 million concession package.
this is on top of a $1B concession package they agreed to last year.
"The agreement avoided a ruling from a three-judge arbitration panel that could have agreed with Delta's request to reject the existing union contract that would have imposed terms on the pilots. "
gota love bankruptcy. bend the union over w/o lube and the union cant do anything but take it.
update:
Delta pilots approve agreement with the bankrupt carrier calling for $280 million in annual concessions, including initial 14 percent pay cut, The Associated Press reports.
$280 million concession package.
this is on top of a $1B concession package they agreed to last year.
"The agreement avoided a ruling from a three-judge arbitration panel that could have agreed with Delta's request to reject the existing union contract that would have imposed terms on the pilots. "
gota love bankruptcy. bend the union over w/o lube and the union cant do anything but take it.
update:
Delta pilots approve agreement with the bankrupt carrier calling for $280 million in annual concessions, including initial 14 percent pay cut, The Associated Press reports.