Delta, Pilots Reach Agreement
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Delta Air Lines&#39; pilots union says it had reached a tentative agreement on concessions that could save the struggling carrier from bankruptcy.
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Bankrupt US Airways Group Inc.  reached a tentative agreement on Friday with negotiators for its pilots union on &#36;300 million in annual concessions.
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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 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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A unit of American Express Co. agreed Monday to provide Delta Air Lines Inc. with up to $600 million in financing - if the cash-strapped airline persuades its reluctant pilots to accept $1 billion in concessions.
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United Airlines, seeking to emerge from Chapter 11 bankruptcy protection, yesterday said it has reached a tentative agreement with its pilots - the first of four major unions to settle with the nation&#39;s second-largest carrier.
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Pilots at Delta Air Lines overwhelmingly approved a new five-year contract with $1 billion in annual concessions sought by the 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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The Air Line Pilots Associations (ALPA) and Delta Air Lines Inc. have a tentative agreement to stave off early retirements by Delta pilots.
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CHICAGO: Pilots at Delta Air Lines have ratified a concession package that will save the carrier $1bn a year, in a move the company hopes will buy it time to recast outside of bankruptcy.
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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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Delta Air Lines Inc., the number three US carrier, said yesterday it has agreed to give its retired pilots an extra $719 million in unsecured claims in its bankruptcy case to help them recoup losses from the termination of the pilots' pension plan.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) pilots, who have been negotiating a slew of employment issues with company management, have offered a new contract proposal
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Union officials representing 7,500 pilots at Delta Air Lines said Wednesday night they have reached a cost-cutting agreement with management, which presumably could halt, or at least
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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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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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Negotiators for United Airlines and its pilots' union have reached a tentative agreement on a new contract, the union said Tuesday. Details were not disclosed