|
 ATLANTA (AP) - A pivotal week is ahead for Delta Air Lines Inc. The struggling carrier may release more details about its finances in a regulatory filing Monday, its pilots plan a rally Tuesday to defend their contract and a bankruptcy hearing is set for Wednesday to discuss whether to void that contract and allow the company to impose deep pay and benefit cuts.
There's a lot at stake as the pilots have raise the prospect of a strike if the court rejects their contract. Whether they are able to do so legally, however, is a matter open for question.
"I tend to think they probably are," said William Rochelle, a bankruptcy lawyer in New York who represents a major creditor in the Delta case. "If not, I think there's a new form of slavery in the United States."
|