Delta Air Lines pilots yesterday ratified a new labor agreement that includes $280 million in annual concessions the airline says are "crucial" to its effort to emerge from Chapter 11 bankruptcy protection. The Air Line Pilots Assn. said 95% of eligible Delta pilots participated in the voting and 61% were in favor of the pact, which was reached by airline management and union leadership in April (ATWOnline, April 25). Delta Executive VP and CFO Edward Bastian said the agreement "helps ...

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