CHICAGO (Reuters) -Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years in a new contract, demonstrating the bargaining power aviators are enjoying in a short-staffed industry with booming travel demand. If the deal is approved by Delta pilots, it is widely expected to act as a benchmark for contract negotiations at rivals United Airlines and American Airlines. Delta pilots will get a raise of at least 18% raise on the date the contract is signed, another 5% after one year, 4% after two years and 4% after three years, according to a draft contract seen by Reuters.
Delta Air Lines (DAL) closed at $35.38 in the latest trading session, marking a +0.03% move from the prior day.
Can airlines reduce the total hydrocarbons they burn? Aviation plays a role in the climate emergency, contributing an estimated 3 percent of the world’s carbon emissions a year. A few top airline industry leaders spotlighted promising ways for aviation to reduce its carbon emissions in an on-stage conversation on November 16 at Skift Aviation Forum […]