Delta Air Lines pilots union said last week it will "vigorously oppose" US Pension Benefit Guaranty Corp.'s effort to overturn the concessions agreement it reached with management of the bankrupt airline. PBGC, the federal pension insurer that would assume much of the pension obligation abandoned by Delta, said last week in a bankruptcy court filing that the agreement between Delta and the Air Line Pilots Assn. for $280 million in annual givebacks violates US bankruptcy law and should be ...

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