Delta Reaches Deal With Pilots Union To Avert Furloughs
Fahad Shabbir (@FahadShabbir) Published October 30, 2020 | 07:40 PM
New York, (UrduPoint / Pakistan Point News - 30th Oct, 2020 ) :Delta Air Lines reached a preliminary agreement with its pilots union to avert furloughs through January 2022, the company and union said Friday.
The agreement in principle saves money for Delta at a time when passenger travel is only a fraction of its pre-pandemic level and averts the prospect of involuntary job cuts with the expiration of a Federal payroll support plan for carriers.
The agreement "can help Delta to be better positioned through the long and choppy Covid-19 pandemic recovery," Delta Senior Vice President John Laughter said in a memo to flight operations staff.
"It contains several quality of life improvements while allowing Delta to generate much needed savings through a path to help avoid furloughs -- a key goal of ours from the beginning.
A statement from the Air Line Pilots Association, which represents Delta's 13,000 pilots, said the agreement allows the company to save five percent in monthly costs for pilots in exchange for permitting pilots higher tax-deferred savings for retirement.
Delta also agreed to "several scheduling improvements" for pilots, the ALPA said.
Both sides are hoping for another round of federal spending to support airline payrolls. The Cares Act enacted in the spring provided billions of Dollars in payroll support aid to Delta and other carriers but barred involuntary airline furloughs through the end of September.
Recent Stories
Journalists call for global action to end Gaza’s humanitarian crisis
CM for generating opportunities to bring direct int'l investment
Pakistan retains position in FTSE secondary emerging market
High Commissioner of Malaysia hosts Iftar dinner reception
NEPRA announces 2nd quarterly adjustment in power bills with Rs 1.68 cut per uni ..
Hoopo Inc. Collaborates with SAU to Install Solar-Powered RO Plant
04 killed in Spain as Storm Nelson looms
Russian military jet crashes into sea off Crimea: Governor
Rain-windstorm/thunderstorm likely at various parts of country
Implementation of Sindh Agriculture Workers Act-2019 demanded
Pandemic accord talks heading for extra time
Khawaja reiterates PM commitment to judiciary
More Stories From Miscellaneous
-
Shaheed Jalil Andrabi remembered on his martyrdom anniversary
1 day ago -
Architectural grandeur of Mohabat Khan Mosque attracts visitors, archeology lovers
2 days ago -
Besant Hall cultural centre to hold programme in memory Pir Hassam din Rashdi
3 days ago -
USA beats Mexico 2-0 for CONCACAF Nations League title
4 days ago -
World urged to intervene for peace in Kashmir
4 days ago -
Undeterred resolve – only way to end economic woes
5 days ago
-
Organic Food: A booming trend in Khyber Pakhtunkhwa
5 days ago -
From Soil to Harvest: Use of modern technology vital for agricultural renaissance
5 days ago -
Spring season offers glimpse into GB's natural beauty, cultural heritage
5 days ago -
Nation to mark decades’ long journey of resilience through annals of history
7 days ago -
23rd March: A historic day reminds Muslims’ heroic struggle for Pakistan
7 days ago -
Measures urged to recharge depleting water table: Experts
7 days ago