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Delta pilots angered over proposed executive payouts - 02/20/06By Jesse Russell Delta Pilots picketed in Atlanta Friday, angered that they are being asked to take massive pay cuts while executives seek court approval of severance plans. The pilots and airline failed to reach an agreement on Thursday, setting off the informational pickets. The pilots union said that if the court approves the severance payouts for management of nearly $14 million, it could have a negative impact on future requests for concessions from the pilots. The two sides have until March 1 to reach an agreement; at that point the contract goes to arbitration where a panel will weigh the companies request to throw out the pilot’s contract. If that occurs, the union has threatened to strike. |
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