NYTimes.com Article: Delta Pilots to Seek Talks

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Delta Pilots to Seek Talks

June 18, 2004





By Bloomberg News

The pilots' union at Delta Air Lines Inc. decided yesterday
to seek a resumption of contract negotiations with the
company, using updated objectives.

The union's top council passed a resolution during a
special meeting in Los Angeles after getting a financial
update from economic experts and investment bankers.

The company made its latest proposal in January and no
substantive talks have taken place this year.

"Delta is under considerable pressure due to increasing
fuel costs and declining yields," the union, a unit of the
Air Line Pilots Association, said in a message to pilots.

Delta, which has posted $3.6 billion in losses since 2000,
is asking pilots for pay cuts and has said a bankruptcy
filing is possible unless it can stem losses. Delta is
based in Atlanta.

http://www.nytimes.com/2004/06/18/business/18delta.html?ex=1088571251&ei=1&en=e72c98c24526d76e


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