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  2. Delta Air Lines, Inc. Makes Progress on Its Pension Deficit - AOL

    www.aol.com/news/delta-air-lines-inc-makes...

    Delta reduced its pension and other retirement liabilities by more than $3.5 billion last year, and there could be more improvement coming in the next few years. Delta Air Lines, Inc. Makes ...

  3. List of airline bankruptcies in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_airline...

    Airlines, like any business, are susceptible to market fluctuations and economic difficulties. The economic structure of the airline industry may contribute to airline bankruptcies as well. One major element in almost every airline bankruptcy is the rejection by the debtor of its current collective bargaining agreements with employees.

  4. Gerald Grinstein - Wikipedia

    en.wikipedia.org/wiki/Gerald_Grinstein

    Gerald Grinstein. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. He became CEO of Delta in 2004, a time of financial crisis for the airline.

  5. Delta Air Lines gives workers 5% raise, boosts starting pay - AOL

    www.aol.com/finance/delta-air-lines-gives...

    Delta Air Lines announced Monday it is giving all its employees a 5% raise worldwide and is hiking starting pay to $19 an hour, after paying out $1.4 billion in profit-sharing bonuses.

  6. Employee Retirement Income Security Act of 1974 - Wikipedia

    en.wikipedia.org/wiki/Employee_Retirement_Income...

    The Employee Retirement Income Security Act of 1974 ( ERISA) ( Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income tax effects of transactions ...

  7. Why Unions Want to Cut Retiree Pension Benefits - AOL

    www.aol.com/2013/04/27/why-unions-want-to-cut...

    In the past, US Airways and United Airlines, now merged into United Continental , have seen the PBGC take over certain pension-plan obligations to provide benefits to their workers as part of the ...

  8. Delta TechOps - Wikipedia

    en.wikipedia.org/wiki/Delta_TechOps

    Delta TechOps (Technical Operations) is the maintenance, repair and overhaul (MRO) division of Delta Air Lines, headquartered at Hartsfield-Jackson International Airport in Atlanta, Georgia. With more than 9,600 employees and 51 maintenance stations worldwide, Delta TechOps is a full-service maintenance provider for the more than 900 aircraft ...

  9. State panel will look at pensions, but retirees worry they ...

    www.aol.com/state-panel-look-pensions-retirees...

    In the five years leading up to the 2011 pension overhaul, the COLAs’ price tag jumped from $62.9 million to $104 million for retired teachers. For retired state workers, it went from $43.6 ...

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