crjdxr
Well-known member
- Joined
- Aug 10, 2003
- Posts
- 307
DL's labor costs are "are still uncompetitive."
Whoops....
Full article here: http://www.deseretnews.com/dn/view/0,1249,650197469,00.html
"The day we filed, we had over $20 billion in debt, much of it accumulated over the last five to six years as we were trying to stave off a court filing," Bastian said. He added that despite "significant head-count reductions, concessions" and other cuts to Delta's benefit structure, its employee costs and labor costs "are still uncom- petitive." (emphasis/bolding mine)
Whoops....
Full article here: http://www.deseretnews.com/dn/view/0,1249,650197469,00.html
"The day we filed, we had over $20 billion in debt, much of it accumulated over the last five to six years as we were trying to stave off a court filing," Bastian said. He added that despite "significant head-count reductions, concessions" and other cuts to Delta's benefit structure, its employee costs and labor costs "are still uncom- petitive." (emphasis/bolding mine)
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