Delta & Pilots Continue Arbitration

The Houston Chronicle reports that in today’s arbitration session the pilots’ union tried to show today that Delta is in better financial shape than it claims.

The airline has claimed that it needs $350 million in pay concessions from its pilots and has requested that the three-member panel void the pilots’ contracts so that it can impose those pay cuts unilaterally.

The pilots have said they will strike in that eventuality, and the airline has said that a strike would put it out of business.