Pilots Ratify with 70% Approval
Jun 20, 2001, 2:27 pm
#1
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Join Date: Dec 2000
Location: SAN Diego (Hillcrest); formerly LEXington, KY; still like the nym
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Pilots Ratify with 70% Approval
<font face="Verdana, Arial, Helvetica" size="2">ATLANTA (Reuters) - Rank-and-file pilots at Delta Air Lines Inc. (NYSE 
AL - news) on Wednesday ratified a tentative labor contract that would make them the highest-paid in the airline industry.
About 70 percent of votes were cast in favor, said Andy Deane of the Air Line Pilots Association, which represents Delta's nearly 10,000 pilots. About 97 percent of eligible members cast ballots, Deane said.
The ratification brings an end to one of the toughest labor situations Delta has faced. Contract talks between Delta and ALPA began in September 1999.
The labor contract, reached a week before a 30-day cooling-off period prior to a strike was set to expire in late April, would boost pilot pay 24 percent to 39 percent, topping the pay of pilots at UAL Corp.</font>
AL - news) on Wednesday ratified a tentative labor contract that would make them the highest-paid in the airline industry.About 70 percent of votes were cast in favor, said Andy Deane of the Air Line Pilots Association, which represents Delta's nearly 10,000 pilots. About 97 percent of eligible members cast ballots, Deane said.
The ratification brings an end to one of the toughest labor situations Delta has faced. Contract talks between Delta and ALPA began in September 1999.
The labor contract, reached a week before a 30-day cooling-off period prior to a strike was set to expire in late April, would boost pilot pay 24 percent to 39 percent, topping the pay of pilots at UAL Corp.</font>
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"Service" should be a noun, not a verb.
[This message has been edited by LexPassenger (edited 06-20-2001).]
Jun 20, 2001, 3:02 pm
#2
Join Date: Aug 2000
Location: Exile
Posts: 15,656
Isn't it strange how Andy Deane's name keeps popping up in DALPA matters nowadays.
Chuck Giambusso is going down like Julius Caesar. Et tu, Andy?
Chuck Giambusso is going down like Julius Caesar. Et tu, Andy?
Jun 21, 2001, 11:37 am
#3
A FlyerTalk Posting Legend
Join Date: May 1999
Posts: 46,817
Pilots at Delta Air Lines ratified a new labor contract that will burden the nation's third-largest carrier with substantially higher costs even as the weak economy and slumping business travel are squeezing revenue.
The Air Line Pilots Association, which represents the carrier's 9,800 pilots, said 70.3% of members voting cast ballots to approve the new five-year contract, which sets the top pay rates in the airline industry, narrowly eclipsing those for pilots at UAL Corp.'s United Airlines by 1%.
Atlanta-based Delta has estimated the accord, which is retroactive to May 2000, will raise its pilot costs by a total of $2.4 billion over its five-year span. The company's pilot costs totaled $1.7 billion last year.
Delta has said its unit costs, or cost per available seat mile, will rise by about 3% this year, largely due to higher labor costs, even as unit revenue in the industry is on the decline.
The carrier's financial challenge reflects an industrywide dilemma as unionized airline workers press forward with demands for major pay increases despite the economic downturn, which has cut sharply into demand for high-margin business fares. Unit costs "for all these carriers will go up 3% to 4% at a time when fuel costs are exorbitantly high and they can't put through fare increases," said Kevin Murphy, an airline analyst with Morgan Stanley.
http://public.wsj.com/sn/y/SB993069388676069933.html
The Air Line Pilots Association, which represents the carrier's 9,800 pilots, said 70.3% of members voting cast ballots to approve the new five-year contract, which sets the top pay rates in the airline industry, narrowly eclipsing those for pilots at UAL Corp.'s United Airlines by 1%.
Atlanta-based Delta has estimated the accord, which is retroactive to May 2000, will raise its pilot costs by a total of $2.4 billion over its five-year span. The company's pilot costs totaled $1.7 billion last year.
Delta has said its unit costs, or cost per available seat mile, will rise by about 3% this year, largely due to higher labor costs, even as unit revenue in the industry is on the decline.
The carrier's financial challenge reflects an industrywide dilemma as unionized airline workers press forward with demands for major pay increases despite the economic downturn, which has cut sharply into demand for high-margin business fares. Unit costs "for all these carriers will go up 3% to 4% at a time when fuel costs are exorbitantly high and they can't put through fare increases," said Kevin Murphy, an airline analyst with Morgan Stanley.
http://public.wsj.com/sn/y/SB993069388676069933.html
Jun 21, 2001, 8:55 pm
#4
Join Date: Jun 2000
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Posts: 5,847
Just goes to show how greedy some Delta pilots are - that almost 1/3 voted against it - I have lost all respect for that work group.
For those DL pilots who voted against, how much $ is ENOUGH - honestly, how greedy can you get.
For those DL pilots who voted against, how much $ is ENOUGH - honestly, how greedy can you get.