Delta, Retirees Reach Agreement on Benefits
From the Associated Press
Delta Air Lines Inc. reached an agreement with thousands of retirees on changes to medical benefits that would save the carrier about $50 million annually.
The deal, which would require the approval of a Bankruptcy Court judge, covers a portion of about 32,000 pilot and non-pilot retirees, their spouses and survivors.
A hearing is scheduled for Oct. 19.
