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ATLANTA (AP) - Delta Air Lines Inc. defended its proposal for a severance plan for officers and directors, saying in a Tuesday bankruptcy court filing that "management attended to the rest of the company's employees first and itself last."
The company was responding to an objection filed last week by the Air Line Pilots Association, which asked the court to reject the Atlanta-based company's severance proposal in light of the deep wage and benefit cuts that Delta's 6,000 pilots are being asked to take.
A hearing on the severance proposal is set for Wednesday in U.S. Bankruptcy Court in New York. Delta, the nation's third-largest airline, filed for protection from its creditors in September.
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