If Delta Air Lines were to shut its doors, it could take Atlanta's airport up to five years to recover, according to airline industry observers. Arbitrators will decide within three weeks whether to grant Delta's request to throw out its pilot contract and introduce more than $300 million in long-term pay and benefit cuts. The request has left the two sides feuding, with the pilots union threatening a strike if the contract is made null, a move that could irreparably cripple the already struggling airline.
March 22, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
If Delta Air Lines were to shut its doors, it could take Atlanta’s airport up to five years to recover, according to airline industry observers.
With Delta’s pilots threatening to strike within the next few weeks, some in the industry have begun to think the unthinkable. Delta filed for Chapter 11 bankruptcy protection in September. The airline and its pilots went before an arbitration panel on March 13 after the two sides were unable to reach an agreement on pilot wage cuts.
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