Pilot Retirements Hit Delta Air Lines As Company, Union Prepare New Wage Cut Proposals
ATLANTA (AP) -- Delta Air Lines' pilots union has been hit with another wave of retirements -- about 300 in June -- as its rank-and-file are expected to be asked by the struggling carrier to dig even deeper for concessions.
The pilot retirements -- many among those under the required retirement age of 60 -- leave the airline with about 7,500 active pilots after another 250 to 280 retired in September, union spokeswoman Karen Miller said.
The voluntary retirements come as Delta prepares to ask its pilots for more in wage, benefits and other job-related concessions as the airline works to avoid bankruptcy amid higher fuel costs and continued pressure from low-cost competitors.
http://biz.yahoo.com/ap/040706/delta_pilots_2.html
ATLANTA (AP) -- Delta Air Lines' pilots union has been hit with another wave of retirements -- about 300 in June -- as its rank-and-file are expected to be asked by the struggling carrier to dig even deeper for concessions.
The pilot retirements -- many among those under the required retirement age of 60 -- leave the airline with about 7,500 active pilots after another 250 to 280 retired in September, union spokeswoman Karen Miller said.
The voluntary retirements come as Delta prepares to ask its pilots for more in wage, benefits and other job-related concessions as the airline works to avoid bankruptcy amid higher fuel costs and continued pressure from low-cost competitors.
http://biz.yahoo.com/ap/040706/delta_pilots_2.html