Delta Pilots Strike Threat Cost Airline Millions of Dollars a Week

Delta40sAs many of us noticed, the threat of the strike by the pilots cost the airline millions of dollars per week. The end result of all this posturing, more damage to the airline and not much difference to the long term future.

Delta, which filed for bankruptcy protection in September, previously agreed to $1 billion in annual concessions, including a 32.5% wage cut, in a five-year deal in 2004. It then sought an additional $325 million in cuts from its nearly 6,000 pilots, who threatened to strike as an April 15 deadline for an agreement approached.
“Even the threat of a pilot strike was costing Delta millions of dollars per week in lost sales, as concerned passengers and shippers booked flights on other airlines,” Delta said in its filing, adding to its argument that the court should accept the pilot agreement. via USATODAY.com

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