When the world changed in March 2020, Delta Air Lines pilot contract talks were underway and moving towards key issues led by salary and scope protection.
Besides salary and scope, Delta pilots are focused on two additional issues – a retirement savings plan in addition to the typical 401K plan, particularly important because Delta pilots lost retirement savings in the carrier’s 2005 bankruptcy, and scheduling, which has taken on added importance due to the ongoing pilot shortage and Covid uncertainty.
The first meeting on contract talks in two years talks occurred last week. “We revisited open sections in hopes for more progress,” Ambrosi said. In a memo to pilots last week, John Laughter, Delta executive vice president and chief of operations, wrote, “We are proud of having an industry-leading contract for pilots, with the best compensation based on pay, retirement and profit sharing, and we’re committed to maintaining that position.
As for pay, Laughter said Delta employees have earned more than $6.5 billion in profit sharing in five years, “a level unmatched by any other company.” Even though it did not have a full-year profit in 2021, Delta will make a profit-sharing payment next month based on its second half profitability. Ambrosi, a 22-year Delta pilot, says he wants to continue flying as much as possible while serving as chairman. He has trained as a Boeing 757/767 captain, but with the backup in pilot training, has not yet been checked out on the aircraft. His last flight was on a now-retired McDonnell Douglas MD-90 in February 2020.
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