Delta Reaches Deal With Pilots' Union
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Terms of the five-year deal, reached during talks in Herndon, Va., where the pilots' union is based, showed Delta had obtained its major demands.
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United Airlines, seeking cost cuts to help it get out of bankruptcy, has reached a tentative agreement with its pilots union, the first labor accord on additional concessions the carrier proposed last month.
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After 15 months of negotiations, Delta Air Lines Inc. has secured a tentative contract with its pilots, a move that might help the struggling carrier avoid a Chapter 11 bankruptcy filing.
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Delta Air Lines' pilots accept pay cuts worth a total $1bn (Â£540m) to keep the airline from bankruptcy.
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Delta Air Line&#39;s pilots negotiation committee last night reached a tentative cost-cutting agreement with the Atlanta-based airline.
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US Airways Group Inc. and its pilots union have reached a tentative agreement regarding new wage and benefit concessions, an Air Line Pilots Association spokesman said Friday.
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Delta Air Lines Inc. and the Professional Airline Flight Control Association (PAFCA), the union that represents Delta&#39;s 185 flight superintendents, have reached a tentative agreement on new contract terms.
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Delta Air Lines may still face bankruptcy despite of tentative agreement with its pilots dated late Wednesday. Late Wednesday, Delta reached an agreement with its pilots to cut costs in order for the carrier to survive.
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Delta Air Lines pilots approved a contract with $1 billion in annual concessions sought by the airline, which had threatened to file for bankruptcy.
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Leaders of the union that represents pilots at Delta Air Lines  and Northwest Airlines  have reached a deal to integrate the two work groups if the airlines merge, the Detroit News reported on Tuesday.
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Delta Air Lines Inc.  has reached a tentative contract with its pilots that will save the cash-strapped airline &#36;1 billion annually, sending its shares soaring almost 25 percent on Thursday.
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Delta reached a tentative agreement with its pilots' union Wednesday night on wage and benefit cuts, averting a threatened bankruptcy filing, at least for now.
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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. 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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Northwest Airlines and its pilots union reached tentative agreement yesterday on a deal that would save the airline $300 million in labor costs.
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Pilots at Delta Air Lines Inc.   voted to approve a new contract with the company,  clearing one major hurdle in the bankrupt carrier&#039;s  restructuring plan, the airline and the union said on  Wednesday.
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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.