Delta reaches deal with pilots

[turbodriver]

This demonstrates pure ignorance. Again, the pilots haven't even SEEN the details yet and you say they have caved...

I DON'T NEED TO SEE THE TA. WE ALL KNOW THAT DELTA CAVED!!! THEY PLAYED THEIR STRIKE HAND AND FAILED AS ALWAYS. ALL YOU "MAJOR" BOYS DO!

 

[gkrangers]

How did they cave if nobody even voted on it yet?

Just because the negotiators reached an agreement doesn't mean it will be ratified.

 

[atlcrashpad]

I say "Hold firm" your pensions are gone, salaries are cut, paying for non rev ($50 annual fee) etc... things are going down hill. This is not the same Delta. Management and the Stockholders are not going to lose. It is in your hands, play your cards right. This will set the tone for the future.

 

[spitfire1500]

Easy big fella.....Its just a TA, it has yet to be even seen, let alone passed! Why don't we just wait and see before all the slamming begins!
737[/quote

C'mon.......you really think it's not going to pass ? You go on strike the company tanks and no one can pay their mortgage, send their kids to college and support all the ex wives they have on Home Depot pay. Everyone that has had any longterm bankruptcy with contract negotiaitions has taken a cut.... You guys are competing now with Air Tran for chr#$t sake and getting killed....!

 

[Flying Ninja]

Well well...concession it is...strike it isn't.

http://money.cnn.com/2006/04/22/news/companies/delta_pilots/index.htm

Delta pilot union leaders OK concessions
Report: Governing board's 12-1 vote sends package to 6,000 rank-and-file for final approval.
April 22, 2006: 12:33 AM EDT

Leaders of the union representing Delta Air Lines' pilots have overwhelmingly endorsed a tentative concessions deal aimed at getting the carrier out of bankruptcy, the Wall Street Journal reported late Friday.

The paper, quoting an Air Line Pilots Association message to its members, said the 13-member governing board voted 12-1 to send the accord to its 6,000 members for a final vote, which is slated to be completed by May 31.

The $280 million-$290 million concession package, agreed to a week earlier, includes a 14 percent pay cut, the Journal said. It also gives the union a claim in the bankruptcy proceedings worth about $2.1 billion and a $650 million note should Delta, as expected, terminate its pension plan with the pilots, the paper said.

The agreement avoided a ruling from a three-judge arbitration panel that could have agreed with Delta's request to reject the existing union contract that would have imposed terms on the pilots. That would probably have led to a strike that could have permanently shut the airline.