Everything right now is tight lipped. The MEC had previously declared there would be no agreement until the following 3 key issues are addressed.
* Delta pilots require a contract extension as part of any agreement providing a strategic investment in our company.
* Delta pilots understand that our company has a long-term debt problem. The MEC believes there is a "Delta solution" to this "Delta problem." The MEC does not believe that our pilot costs must be aligned with the pilot costs at restructured airlines for our company to be profitable.
* Delta pilots feel strongly that all stakeholders must participate in our airline's recovery. Additionally, your Negotiating Committee will not enter into a tentative agreement in which our investment fuels future executive bonuses, executive special retirement plans and stock buy back programs.