Well, my stock is worthless, I just hope my FF miles don't go away!Delta flies out of bankruptcy court - Apr. 30, 2007
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- Delta flies out of bankruptcy court - Apr. 30, 2007
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2 comments:
This is what the pilots gave up so that the compny could emerge from bankruptcy and immediately announce a new paint scheme for the airplanes:
-Loss of pension
-33% pay cut
-ESOP investments made worthless
-other beneifts reduced, i.e.:
-medical
-sick leave
-work rules
Well at least those pilots still have a claim on the new company. Stockholders now hold so much toilet paper. So much for the old college fund
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