LYCOS RETRIEVER
Delta Airlines
built 204 days ago
Unionized pilots at Delta Airlines are planning ahead for the impact of industry consolidation. The governing body of the Delta Air Lines pilots union met recently in Atlanta to discuss consolidation and union strategy, according to the Air Line Pilots Association (ALPA). Also attending were outside legal counsel, investment bankers, and industry experts. “Consolidation is an ever-present possibility in the airline industry and at some point may become inevitable or even desirable,” the news release said. “After years of career threats including the 9/11 repercussions, concessions, bankruptcy, and an attempt to reject the pilot labor contract, a hasty and ill-conceived merger attempt would be disastrous.”
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Delta Airlines has proven to focus heavily on long-term customer relationships with their comprehensively planned SkyMiles program. This is an essential factor in order for Delta Air Lines to keep competing in the market place as the travel industry suffers a slump in recent years. In fact, in addition to providing incentives to travel agents such as Lastminute.com or RatestoGo.com in order to boost sales, all airlines will need to be more innovative for the purpose of long term sustainability.
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With the new Saturday jet service, Delta Airlines and ASA, will offer seven daily non-stop flights to Atlanta, two Saturday non-stop jet flights to Dallas/Ft. Worth and three Sunday non-stop jet flights to Dallas/Ft. Worth.
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Delta Airlines’ business jet subsidiary Delta AirElite Business Jets was named Best Private Jet Service by Executive Travel Magazine readers. The magazine’s Leading Edge Awards, published in October, honor travel industry leaders and innovators. Delta AirElite Business Jets provides aircraft charter, aircraft management, and a fleet membership program. The 23-year-old enterprise is the only business jet operator owned by a major U.S. airline. The company flies Bombardier Challenger, Learjet, Gulfstream, Hawker, and Cessna aircraft.
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On September 22, 2005, Delta announced the acceleration of restructuring activities, targeting an additional $3 billion per year in cost reductions by 2007. $970 million of this amount will come from debt relief, lease and facility savings, and previously commenced fleet modifications. Non-union workers' salaries will be reduced by a minimum of 9% across the board, with a 15% reduction for executive officers and a 25% pay cut for CEO Gerald Grinstein. In December 2005, the Delta pilots agreed to an additional temporary 14% cut in pay, piggybacking onto the 32.5% taken at the beginning of 2005. This cut was made permanent with the ratification of an agreement in June 2006. Additionally, the company plans to lay off between 7,000 and 9,000 of its 52,000 employees.[23]
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When the world came to Atlanta for the 1996 Centennial Olympic Games, Delta Air Lines wanted to present a "welcome" people would remember. They wanted to tell their story by making access to Delta easy with an innovative technology solution.
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