Delta Asks Pilot Union For Concessions To Clear Way For Northwest Merger
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Last Updated: April 24, 2008
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Delta Air Lines is urging its union leaders to cede parts of a pilots' contract so it can move closer to merging with Northwest Airlines, the Wall Street Journal reported, citing sources who knew about the situation.
If talks are fruitful, the airlines seek to announce their long-pending merger as
early as next week and gather support from Northwest pilots later, the report said on Thursday.
Delta is promising 6,000 pilots pay rises, equity and a seat on the board
of the combined airline if the union agrees to its request, the Journal said,
quoting those sources. Merger talks between the airlines cooled in March
when pilots from both sides failed to agree on how seniority should work for
the roughly 12.000 pilots in the combined carrier. But talks were
revived, and Delta and its pilots have been discussing a new contract that
would be valid if the merger goes through, the Journal reported earlier,
citing sources familiar with talks.
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