Report: Delta Reaches Deal with Pilots
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Delta Airlines has reached a tentative  agreement with its pilots union on wage and benefit cuts aimed  at avoiding a bankruptcy filing, The Wall Street Journal said  in a report late Wednesday on its Web site.
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US Airways reached a tentative agreement with the leaders of its pilots union on $300 million in annual concessions yesterday, a deal that would result in the pilots permanently losing 17.5 percent of their salaries in exchange for a chance to save the airline and their jobs.
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US Airways and its pilots union reached tentative agreement today on $300 million in wage and benefit cuts, after weeks of debate inside the union over whether to grant the cuts to the bankrupt airline.
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Pilots at Delta Air Lines overwhelmingly approved a new five-year contract today with $1 billion in annual concessions sought by the airline, which had threatened to file for bankruptcy if the pilots did not acquiesce.
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Delta Air Lines Inc. has reached a  tentative contract with its pilots in a move that could stave  off a bankruptcy filing, sending its shares up 24 percent in  premarket trading on the INET electronic brokerage system.
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Delta Air Lines Inc. took a giant step away from bankruptcy with a tentative agreement on contract concessions from its pilots. But details on the proposal reached Wednesday were withheld while it was reviewed
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Delta Air Lines&#39; pilots union said late Wednesday it had reached a tentative agreement on concessions that could save the struggling carrier from bankruptcy.
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US Airways and its pilots&#39; union reached a tentative agreement yesterday on $300 million in annual wage and benefit cuts, after weeks of debate inside the union over whether to grant concessions to the troubled airline.
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Troubled Delta Air Lines and its pilots late last night reached a tentative agreement that is expected to allow the company to significantly cut its operating costs and avoid bankruptcy, a union official announced.
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Delta Air Lines Inc. has a tentative pilot deal on concessions and much-needed breathing room. But it has not detailed the progress of its key debt restructuring efforts.
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Delta Air Lines Inc. DAL.N has  reached a tentative contract with its pilots that will save the  cash-strapped airline $1 billion annually, sending its shares  soaring almost 25 percent on Thursday.
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NOVEMBER 12, 2004 -- The union representing Delta Air Lines&#39; pilots yesterday announced its membership had widely approved an agreement that cuts the carrier&#39;s labor costs by $1 billion annually.
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Troubled US carrier Delta Air Lines has reached an outline cost cutting agreement with its pilots, the union says.
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The leadership of Delta Air Lines&#39; pilot union early this morning approved a tentative concessionary agreement with the company, sending it to a vote of the entire membership.
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SAN FRANCISCO (CBS.MW) -- Delta Air Lines and its pilots reached a tentative contract agreement late Wednesday, according to the pilots union, potentially allowing the struggling carrier to avoid declaring bankruptcy.
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Delta Air Lines&#39; (DAL.N: Quote, Profile, Research) pilots union said late Wednesday it had reached a tentative agreement with the airline on cost savings.
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NEW YORK  - Delta Air Lines appeared to have averted imminent bankruptcy with a cost-saving deal with its pilots union, but still faces challenges ahead, analysts said.