29.08.2016 - Delta Airlines pilots demanding higher wages
The pilots of the second world's largest airline Delta Airlines picketed the head office in Atlanta, with a demand to raise wages by 37%. It is worth noting that despite the relatively low wages compared to the competition the сompany has an attractive profit-sharing program. According to our estimates, the agreement between the company and the pilots will be reached in the coming months. The outlook on the shares in the near term remains negative with the potential of reduction by 10-15%.