Delta, Pilots Clash Over Pension Plan

Law360, New York (August 31, 2006, 12:00 AM EDT) -- Bankrupt carrier Delta Airlines has turned a deaf ear to the protests of retired pilots, asking a judge to toss its pension plans in an effort to cut costs. But the pilots aren’t giving up without a fight.

At a hearing this morning, a judge will hear arguments from both Delta and its pilots, and will rule on Delta’s motion to terminate its pension obligations on Saturday.

Although the airline’s active pilots have reached an agreement with the carrier and have not lodged a protest to...
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