Labor & Economic News Blog

Tuesday, August 08, 2006

Delta begins talks on retiree health costs

Delta begins talks on retiree health costs
Fresh off last week's victory on pension funding, Delta Air Lines now is turning its attention to paring retiree health benefits. Delta is set to open talks this week with two retiree creditor committees on how to cut the company's cost of providing health insurance. Executives are meeting with court-appointed committees representing retired pilots today and with a similar committee representing ground employees and flight attendants Wednesday. Late last month, Delta said it would propose to raise the portion of health care coverage that retirees pay, as part of its bankruptcy court restructuring of labor costs. The carrier said it will try to negotiate changes with the committees, but it could ultimately take the matter to the bankruptcy court.

 



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