Fox Business Briefs: Delta Air Lines tells shareholders that 10 employees have died from the virus and another 500 have tested positive; The Labor Department says nearly 1.5 million workers filed new unemployment claims last week.
Delta Air Lines (DAL.N) said Friday night that it will soon send warning notices to some 2,500 pilots about possible permits at the airline, as the industry takes a heavy hit after the coronavirus pandemic reduced demand for air travel.
“In an effort to better prepare our pilots in the event that permits are needed, Delta will send the required notices to approximately 2,500 pilots,” a Delta spokesperson said in a statement, adding that so-called ‘WARN’ notices will be sent to the next week.
| Heart | Security | Latest | Change | Change% |
|---|---|---|---|---|
| DAL | DELTA AIR LINES INC. | 26.91 | -1.10 | -3.93% |
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Delta also reached a tentative agreement with the Airline Pilots Association (ALPA) union on a pilot-specific voluntary early retirement option.
The early departure plan is a significant step as the carrier is working to manage the impact of the pandemic and align personnel with expected flight demand, the company said.
An ALPA spokesman said that after reaching the tentative agreement, Delta sent a letter, detailing the pilots’ permits and the early retirement option, that the pilots have “received poorly.”
“Early retirements alone will probably not be enough to completely avoid pilots’ permits,” Delta Senior Vice President of Flight Operations John Laughter said Friday, adding that the airline hopes it will not have to cut jobs. unwittingly.
The planes belonging to Delta Air Lines are inactive at the Kansas City International Airport on April 03, 2020 in Kansas City, Missouri. (Photo by Jamie Squire / Getty Images)
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The airline will continue its talks with the union about an all-inclusive deal that would contain an unlicensed commitment for two years, Laughter said.
On Thursday, Delta Chief Executive Ed Bastian had informed employees that the company plans to add around 1,000 flights in August, but not many more for the rest of 2020.
“While it is encouraging to see the flights return … we are likely to remain at least two years from a return to normality,” Bastian said.
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