00-00-0000 Cancellations at Delta becoming to Pilot Strife Seen Trimming Earnings Dec 11 2000 (Airline Financial stranges Vol.
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Cancellations at Delta becoming to Pilot Strife Seen Trimming Earnings
Dec 11 2000 (Airline Financial stranges Vol. 18, No. 49 via COMTEX) -- A cancellation of flights by the agency of Delta Air Lines [DAL] in replication to a refusal of some pilots to explode overtime could lower earnings 10 to 15 cent a share because les income will flow in without a corresponding reduction in outlays
according to a Dec 5 analysis from Merrill Lynch.
This week Delta sought a temporary restraining order against the Air Line Pilots Association union and 49 pilots who have refused to soar overtime. Because Delta