Originally Posted by Owen

Gobbledy gook. The reason this matters to this message board is the probabilities of FF mile survival just spiked well above 50/50.

If oil prices continue to drop over the next month or so, Delta has more room to maneuver. The pilot pay is now in line with other airlines. Where Delta needs to take action in bankruptcy is to get competitive with US Air and United and that means cancelling the pension program.

It's ugly and whatever else you want to call it, but United set the precedent and unless Delta wants to again configure itself at a competitive disadvantage to other airlines, this has to happen.