Delta Air Lines' pilots union has offered about $90.7 million in concessions to the bankrupt airline in response to its request for $325 million. The union said the company's proposal would, among other things, cut pilot wages by 19.5 percent, eliminate certain pay guarantees, and reduce vacation accrual and vacation pay. Delta, the No. 3 U.S. airline, filed for bankruptcy protection in September.
See "Delta Pilots Offer91 Mln of Concessions", Reuters, The New York Times, November 9, 2005