Delta Air Lines Is Calling Pilots Back to Work
The COVID-19 pandemic forced most airlines to furlough at least some of their employees last year. Delta Air Lines (NYSE: DAL) was one of the few exceptions. That said, the airline giant did tell more than 1,700 junior pilots to stay home starting late last year, due to a lack of demand.
For now, air travel demand remains far below pre-pandemic levels. However, Delta's management expects a sharp rebound in demand beginning as soon as the spring. As a result, the company recently told its pilots that it will restore 400 junior pilots to full flying status by the summer.
Late last year, Delta Air Lines and the Air Line Pilots Association struck a deal to avoid pilot furloughs. The agreement modestly reduced the minimum hours guarantee for most Delta pilots. In exchange, the airline agreed to provide partial pay to the 1,700-plus pilots who were facing furloughs. Those pilots are not required to work.
Source Fool.com
