Delta Pilots Spurn Contract Linked to $4 Billion of New Jets
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Delta Air Lines Inc. pilots rejected a tentative agreement on a new contract, creating some financial uncertainty after the company linked the deal to acquiring more than $4 billion of jets.
The vote is a setback for management at Delta, the least- unionized major U.S. carrier, and the Air Line Pilots Association leaders who helped craft the accord. Hours after the proposal was unveiled in June, Delta had vowed to add 60 Boeing Co. and Embraer SA jets upon ratification.