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Delta must cut pay soon or face bankruptcy

Atlanta, USA - Analysts wish the carrier will ultimately reach an agreement with its pilots

Delta should ultimately reach an agreement with its pilots, who are among the highest paid in the industry. The air company has enough cash to last until the summer 2005, but on Monday it signaled in a regulatory filing that it might have to file for bankruptcy protection if it doesn’t get wage concessions from pilots. The pilots union said it is willing to assist Delta in cutting costs and has attempted t...

AVIONEWS - World Aeronautical Press Agency - 63214

AVIONEWS - World Aeronautical Press Agency
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