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News > Business
Delta pilots OK modified contract, boost merger
2008-05-15 00:19:19
NEW YORK (Reuters) - Delta Air Lines Inc <DAL.N> said on
Wednesday the Air Line Pilots Association (ALPA) has informed
the company that Delta pilots have approved a modification to
their current contract.
Delta said the agreement marks an important step toward its
proposed merger with Northwest Airlines Corp <NWA.N>.
Delta agreed to buy Northwest in an all-stock deal on April
14.
"The agreement facilitates the realization of revenue
synergies from the combination of Delta and Northwest Airlines,
once the merger is completed," said Delta in a statement.
Lee Moak, chairman of the Delta chapter of ALPA, told
members in a letter on Wednesday the union looked forward to
working with Northwest pilots on a "new joint agreement
providing immediate parity in rates of pay" and on a rapid
completion of a "fair and equitable integrated seniority list."
Pilots at Northwest opposed the merger when it was
announced.
Also on Wednesday, an influential lawmaker on aviation
affairs said Delta's proposal to buy Northwest is likely to be
approved by the U.S. government.
Rep. John Mica, a Florida Republican and former chairman of
the House of Representatives aviation subcommittee, told a
hearing on the merger proposal the deal to create the world's
biggest airline did not appear anti-competitive.
(Reporting by Mark McSherry, editing by Richard Chang)
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