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Delta pilots approve new contract with 34% raises - TL;DR CNBC

Delta pilots approve new contract with 34% raises

Publishing timestamp: 2023-03-01 11:47:56


Summary

Delta Air Lines pilots have approved a new four-year contract that includes 34% raises over four years. Other major US carriers are still negotiating new contracts with their pilot unions. The new contract is seen as a positive development for the industry, as it could spur other agreements and help airlines return to profitability. Regional airlines have also hiked pay recently to attract and retain pilots.


Sentiment: POSITIVE

Tickers: DAL,  AAL,  UAL,  LUV,  JBLU,  ALK,  SAVE, 

Keywords: business news,  airlines,  jetblue airways corp,  spirit airlines inc,  southwest airlines co,  business,  united airlines holdings inc,  breaking news: business,  life,  alaska air group inc,  aerospace and defense industry,  transportation,  delta air lines inc,  american airlines group inc,  travel,  economy, 

Source: https://www.cnbc.com/2023/03/01/delta-pilots-new-contract-big-raises.html


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