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Delta/Northwest Merger and Pilot Agreement Sets Historic Precedent

Written by thomas · Filed Under Commercial 

October 30, 2008

thomas

Successful transactions must include pilots

WASHINGTON, Oct. 30 /PRNewswire-USNewswire/ — Capt. John Prater,
president of the Air Line Pilots Association, Int’l, issued the following
statement following the closing of the Delta Airlines and Northwest
Airlines merger and on the first day of a single collective bargaining
agreement between the pilots of both carriers and senior executives.

“The pilots of Delta Air Lines and Northwest Airlines go to work today
under a single new contract that improves pay, retirement and work rules
along with providing pilots equity in the company. Support for the merger
by pilots, and the new agreement, are the result of unprecedented efforts
on the part of both pilot groups, backed by a strong international union.
The successful and efficient closing of the transaction is dramatic
evidence that pilots can, and should, be an integral part of these
initiatives.

“This success story should also serve as a model for senior executives
elsewhere that corporate success in the coming years, whether through
transactions, joint ventures and alliances, or on a stand-alone basis,
requires close cooperation and agreement with pilots and other employees.
The benefits of engaging pilots at the earliest opportunity and at every
point during the process cannot be overstated.”

“I have every confidence that both the Delta and Northwest pilot groups
will continue to capitalize on their willingness to solve problems together
and the expertise and assets of ALPA to progress and succeed. That work
will set the stage for a truly successful global airline.”

Founded in 1931, ALPA is the world’s largest pilot union representing
more than 53,000 pilots at 37 airlines in the U.S. and Canada.

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