Delta, Pilots Reach Early Retirement Agreement | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.14.24

 Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

Sun, May 31, 2009

Delta, Pilots Reach Early Retirement Agreement

Some Positions To Be Eliminated

The memo was delivered to Delta pilots late last week. Delta pilots union chairman Lee Moak said eligible pilots who elect to retire could receive up to nine month pay and benefits as part of an early-exit program.

Delta, and its subsidiary Northwest Airlines, have not said how many of their combined 12,000 pilots they need to cut.

The Atlanta Business Chronicle reports that Delta has cut about 6,500 jobs throughout the company through voluntary buyouts and early retirements, but pilots have not previously been included in earlier job reduction programs. The airlines passenger count has dropped nearly 8 percent compared to 2008, but has gradually leveled out.  All major carriers have deeply cut capacity as demand declined during the recession. Delta plans additional cuts on international routes in September.

Lee Moak said in the Wednesday memo that Delta expects all early-retirement enrollees to leave the company by year end, but Delta will have the authority to keep pilots through May 31, 2010, "based on operational needs."

FMI: www.delta.com

Advertisement

More News

Classic Aero-TV: Remembering Bob Hoover

From 2023 (YouTube Version): Legacy of a Titan Robert (Bob) Anderson Hoover was a fighter pilot, test pilot, flight instructor, and air show superstar. More so, Bob Hoover was an i>[...]

ANN FAQ: Follow Us On Instagram!

Get The Latest in Aviation News NOW on Instagram Are you on Instagram yet? It's been around for a few years, quietly picking up traction mostly thanks to everybody's new obsession >[...]

ANN's Daily Aero-Linx (05.15.24)

Aero Linx: B-52H Stratofortress The B-52H Stratofortress is a long-range, heavy bomber that can perform a variety of missions. The bomber is capable of flying at high subsonic spee>[...]

ANN's Daily Aero-Term (05.15.24):Altimeter Setting

Altimeter Setting The barometric pressure reading used to adjust a pressure altimeter for variations in existing atmospheric pressure or to the standard altimeter setting (29.92).>[...]

Aero-News: Quote of the Day (05.16.24)

"Knowing that we play an active part in bettering people's lives is extremely rewarding. My team and I are very thankful for the opportunity to be here and to help in any way we ca>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.17.24: Hummingbird 'Best', Cavorite Flies, Starliner Update

Airborne Affordable Flyers 05.16.24: PRA Runway, Wag-Aero Sold, Young Eagles

Airborne 05.15.24: Ghost Sq MidAir, B-2 Junked, Dream Chaser Readies

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC