Delta Bankruptcy Case

(January 24th, 2006 under Announcements)
An update on Delta's bankruptcy and the reassigning of the Judges in the case. The Judge's quote is noteworthy. You can read the full article at http://www.signonsandiego.com/news/business/20060112-1345-delta-judge.html (full article) .........In November, a lawyer representing Delta's pilots union asked Beatty to remove herself from deciding on Delta's request to reject the union contract so the airline could impose $325 million in concessions on pilots. The effort to remove Beatty came after she referred in an earlier hearing to Delta pilot wages as "hideously high" and said "What's really weird is that anyone agreed to pay them that much money to begin with." Beatty refused to recuse herself. Delta and its 6,000 pilots later reached an interim deal on pay cuts worth less than half what the company was seeking on an annual basis. The two sides have until March to come up with a comprehensive permanent deal. Mike

This entry was posted on Tuesday, January 24th, 2006 at 10:24 am and is filed under Announcements.


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