Pilots for Delta and Northwest Airlines are being urged by union leaders to vote ‘yes’ on a joint collective bargaining agreement. Voting on the issue ends this afternoon.
Approval is seen as key to the efforts of Atlanta-based Delta to help smooth the way toward a combination of the two airlines. Delta is expected to complete its acquisition of Minnesota-based Northwest by the end of the year, creating the world’s largest carrier.
The proposed joint contract agreement calls for compounded raises of more than 18-percent over 4 years for pilots. In addition, Northwest pilots ‘pre-merger’ would get a 2.4 percent equity stake in the new combined airline. Current Delta pilots would receive 3.5 percent of equity.
The joint contract agreement would cover about 12,000 pilots. Still not worked-out however, is how to integrate seniority lists of the pilots.
Approval is seen as key to the efforts of Atlanta-based Delta to help smooth the way toward a combination of the two airlines. Delta is expected to complete its acquisition of Minnesota-based Northwest by the end of the year, creating the world’s largest carrier.
The proposed joint contract agreement calls for compounded raises of more than 18-percent over 4 years for pilots. In addition, Northwest pilots ‘pre-merger’ would get a 2.4 percent equity stake in the new combined airline. Current Delta pilots would receive 3.5 percent of equity.
The joint contract agreement would cover about 12,000 pilots. Still not worked-out however, is how to integrate seniority lists of the pilots.
