Bankruptcy Law

Retired Delta Pilots Seek $100 M

About 1,000 retired pilots for Delta Air Lines claim the company owes them at least $100 million in pension benefits.

The pilots said in a New York bankruptcy filing that the company is misinterpreting federal tax law and miscalculating benefits paid under its defined-benefit plan, according to the Fulton County Daily Report. A Delta spokeswoman said the claim has no merit.

Seven Leave Holland & Knight

$15 K Hike for All Troutman Associates

We welcome your comments, but please adhere to our comment policy. Flag comment for moderator.

Commenting is not available in this channel entry.