215 Delta pilots take the PRIP
http://us.rd.yahoo.com/finance/indu...ap/090716/us_delta_air_lines_pilots.html?.v=2
ATLANTA (AP) -- Union officials say 215 Delta Air Lines pilots have agreed to retire as part of a company incentive program designed to reduce the number of pilots to cut costs.
Pilots with at least 10 years of service as of the end of this year and whose age and years of service added together equal at least 55 were eligible to participate by Wednesday's deadline. Those who agreed to retire can revoke their decision if they do so by July 31. Of the more than 12,000 pilots at Delta, some 9,400 were eligible to participate.
The Atlanta-based company has not said how many pilots it hoped to cut.
Delta has cut capacity as the economy has weakened and demand for air travel has declined.
http://us.rd.yahoo.com/finance/indu...ap/090716/us_delta_air_lines_pilots.html?.v=2
ATLANTA (AP) -- Union officials say 215 Delta Air Lines pilots have agreed to retire as part of a company incentive program designed to reduce the number of pilots to cut costs.
Pilots with at least 10 years of service as of the end of this year and whose age and years of service added together equal at least 55 were eligible to participate by Wednesday's deadline. Those who agreed to retire can revoke their decision if they do so by July 31. Of the more than 12,000 pilots at Delta, some 9,400 were eligible to participate.
The Atlanta-based company has not said how many pilots it hoped to cut.
Delta has cut capacity as the economy has weakened and demand for air travel has declined.
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