Delta Air Lines Inc. was expected to file notice Monday, June 19, that it intends to terminate its pilot pension plan, the latest step in the Atlanta-based airline’s bid to complete its reorganization by mid-2007.

The expected move was telegraphed in a letter airline CEO Gerald Grinstein sent to U.S. congressional leaders. The bankrupt air carrier said it plans to terminate its pilot plan effective Sept. 2, but hopes for legislation that it says could preserve the pension plans covering other employees.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]