Delta pilots vote in favor of potential strike as contract talks drag on

Delta pilots vote in favor of potential strike as contract talks drag on


Delta pilots picket for a better contract outside of John F. Kennedy International Airport.

Leslie Josephs | CNBC

Delta Air Lines pilots voted overwhelmingly to authorize a strike if contract talks between the carrier and the union don’t lead to an agreement, the labor group said Monday.

A strike wouldn’t be immediate and it would require permissions from the federal National Mediation board. The Air Line Pilots Association union said it wants a contract, not a strike.

Covid derailed contract talks throughout the airline industry starting in 2020. Talks have since resumed, and the Delta pilot strike vote underscores the difficulty in getting agreements through.

Pilots for U.S. carriers like Delta and competitors American Airlines, United Airlines and Southwest Airlines have have recently picketed at major airports to demand better contracts as the industry returns to profitability.

“Meanwhile, our negotiations have dragged on for too long. Our goal is to reach an agreement, not to strike,” said Capt. Jason Ambrosi, chair of the Delta master executive council of the Air Line Pilots Association. “The ball is in management’s court. It’s time for the Company to get serious at the bargaining table and invest in the Delta pilots.”

Delta didn’t immediately respond to a request for comment.

Earlier this year, Alaska Airlines pilots voted to authorize a potential strike. Pilots for that airline recently reached a new contract agreement with the company.



Source

Gap raises guidance ahead of holidays after storms, warm weather slowed sales
Business

Gap raises guidance ahead of holidays after storms, warm weather slowed sales

Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company still posted better than expected results, leading it to raise its annual guidance for a third time this year.  Gap, which runs Old Navy, Banana Republic, Athleta and its namesake banner, is now expecting fiscal 2024 sales […]

Read More
Crypto investor pays  million for a banana — and plans to eat it
Business

Crypto investor pays $6 million for a banana — and plans to eat it

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Crypto investor Justin Sun paid $6.2 million for a banana duct-taped to a wall, highlighting the soaring values of crypto and viral art. […]

Read More
SailGP signs Rolex as first title partner of global sailing competition
Business

SailGP signs Rolex as first title partner of global sailing competition

SailGP signs Rolex as first title partner of global sailing competition Courtesy: SailGP The self-described Formula 1 of sailing has signed Rolex as the first title partner of its elite sailboat racing competition. SailGP, which kicks off the 2025 season in Dubai on Saturday, will now be known as the “Rolex SailGP Championship.” “Leading into […]

Read More