ATLANTA (AP)- Delta Air Lines' pilots union said Wednesday the struggling carrier will edge closer to bankruptcy if management continues to seek $1 billion in concessions from them without asking other stakeholders to tighten their belts.
The chairman of the union’s executive committee, John Malone, made the comment in a strongly worded letter to other pilots."
“'Either management will figure out what it ‘needs,’ address our equity requirements and make other stakeholders participants in a comprehensive restructuring, or we will take another path,' Malone wrote. "
"Delta’s pilots, among the highest paid in the industry, earn between $100,000 and $300,000 a year, Delta has said."
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