Delta and Northwest Pilots Approve Joint Collective Bargaining Agreement
Contract terms applicable to both pilot groups upon closing of the merger
Delta Air Lines (NYSE: DAL) today confirms that pilots from Delta and Northwest Airlines have voted to approve a joint contract, the terms of which will be applicable to both pilot groups upon closing of the Delta-Northwest merger, expected later this year.
Delta CEO Richard Anderson issued the following statement in response:
“Approval of a joint contract that will cover both pilot groups immediately upon closing of the merger is an historic milestone in creating the world’s premier global airline and we are pleased that pilots from both airlines chose to take this important step to unify the pilot group. Today’s ratification is a testament to the diligent efforts of ALPA’s leadership working together with its members, Delta and Northwest.”
Delta in April announced that it is combining with Northwest in an all-stock transaction to create America’s premier global airline. The new company will be called Delta and will be headquartered in Atlanta. Combined, the company and its regional partners will provide customers access to more than 390 destinations in 67 countries. Together, Delta and Northwest will have more than $35 billion in aggregate annual revenues, operate a mainline fleet of nearly 800 aircraft, employ approximately 75,000 people worldwide, and have one of the strongest balance sheets in the industry. The merger is subject to the approval of Delta and Northwest shareholders and regulatory approvals, which are expected to be completed later this year.
Delta Air Lines operates service to more worldwide destinations than any airline with Delta and Delta Connection flights to 312 destinations in 61 countries. Delta has added more international capacity than any major U.S. airline during the last two years and is the leader across the Atlantic with flights to 44 trans-Atlantic markets. To Latin America and the Caribbean, Delta offers 393 weekly flights to 47 destinations. Delta’s marketing alliances also allow customers to earn and redeem SkyMiles on more than 16,000 flights offered by SkyTeam and other partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. Including its SkyTeam and worldwide codeshare partners, Delta offers flights to 500 worldwide destinations in 105 countries. Customers can check in for flights, print boarding passes, check bags and flight status at delta.com.
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