Delta Air Lines manages to avert worker’s strike

Delta Air Lines is one of the largest airline companies in the United States, which is currently in a state of bankruptcy. They have agreed with its pilots union on a tentative contract. This has helped them avoid the worker’s strike and would help them in preventing going out of business.

However, Delta Air Lines and the worker’s union has not revealed the terms on which they settled down. And the union’s top council still has to decide on whether they would send it to Delta’s 6,000 pilots for a vote.

The contract would also require the approval of the bankruptcy court. Before these two parties had settled on this agreement, the company management had said that a revenue shortage could force the Atlanta-based carrier from Chapter 11 protection into liquidation.

Delta Airlines Chief Financial Officer Edward Bastian had said last month: “If we’re tremendously successful on the costs, but we don’t dent the revenue deficit, I’ll be honest; we’re not going to make it”.

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