Delta Air Lines CEO Gerald Grinstein warned Congress yesterday that without fast federal action on their pension liabilities, "airlines will almost certainly be forced into bankruptcy and have to transfer additional pension liabilities to the Pension Benefit Guaranty Corporation." Grinstein and NWA President and CEO Doug Steenland were in Washington to testify in support of S.861, the "Employee Pension Preservation Act of 2005," which would give companies more time to make overdue payments ...

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