Delta reaches tentative agreement with pilots union negotiators
Source: Reuters
Delta Air Lines Inc (DAL.N) has reached a contract agreement with the negotiating committee of its pilots union, paving the way for a new labor deal months ahead of schedule, the union told members in a letter Thursday.
The Delta Master Executive Council (MEC), a unit of the Air Line Pilots Association, will review the agreement for seven days before deciding whether to approve it and submit it to Delta's entire pilot base for a vote, the letter said.
Votes in favor could land the Atlanta-based airline a new contract as early as half a year before it can officially become amended on Dec. 31, 2015. That would contrast with union deals at other U.S. airlines that took multiple years to reach.
The letter did not disclose details of the tentative contract. However, it is expected that wages will rise after pilots at competitor American Airlines Group Inc (AAL.O) approved a contract with a 23-percent wage hike in January.
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Read more: http://www.reuters.com/article/2015/06/05/us-delta-air-lines-workers-idUSKBN0OL0AI20150605
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