Delta Strikes Deal With Pilots to Avoid Furloughs

Lou Whiteman, The Motley Fool
·2 min read
Delta Strikes Deal With Pilots to Avoid Furloughs
Delta Strikes Deal With Pilots to Avoid Furloughs

Delta Air Lines (NYSE: DAL) and the union representing its pilots have reached a cost-cutting deal that will prevent 1,900 pilots from being furloughed on Nov. 1. Delta held off on furloughing pilots while the airline waited to see if further government assistance was forthcoming and to allow time for negotiations with the Air Line Pilots Association (ALPA). A second stimulus package never materialized out of Washington, but ALPA in a message to members Thursday said it has worked out other ways for the airline to cut costs without having to resort to furloughs.