Word: delta
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
Officials from Delta Airlines said flights on the Delta Shuttle were delayed or canceled yesterday due to inclement weather...
...walkout, scheduled to end next Sunday, signals the latest problem for an industry struggling to pull out of a three-year nose dive (total losses: $10 billion). Just as some big carriers -- American, Delta Air Lines and Continental Airlines among them -- have begun to post modest earnings, the long-quiescent airline unions have started voicing their demands. Workers who feel underpaid and overworked are asking for their share of the emerging profits. Management's response: continued cost cutting. "No question about it," says Morgan Stanley airline analyst Kevin Murphy, "1994 will be the year of labor turmoil...
...made no friends among his pilots after telling industry analysts, "If the pilots were in charge, Columbus would still be in port." The turbulence is almost certain to get worse. United Airlines machinists are angry that an employee bid to buy the airline two weeks ago crashed and burned. Delta's pilots are in a tailspin, with many refusing to accept the 5% pay cut that management has proposed...
...fact, one main reason airlines have made money at all is the concessions they have wrung from their workers. Thanks to a three-year agreement to reduce employees' pay 12%, the once deeply troubled Northwest Airlines has saved $886 million. American, United and Delta are all turning profits, thanks to layoffs and other cost-cutting measures, like the sale of nonessential assets, such as flight kitchens. These carriers all registered millions in third-quarter profits, with labor concessions playing a significant role. Says an impatient Denise Hedges, the head of American's 21,000-member flight attendants' union: "We have...
...stop the likes of Southwest from stealing their core business. Continental Airlines, which emerged from bankruptcy last April, has launched CALite, a back-to-basics "cheapie service" based in Houston. Even though it uses union workers, CALite pulled in $1 million more than expected in October, its first month. Delta is also studying the feasibility of starting a low-cost airline...