Delta in Financial Trouble

By: ABC News
By: ABC News

Delta Airlines, that solely serves Meridian's Regional Airport, is facing hard financial times, this according to Delta CEO Gerald Grinstein.

In a share holders meeting in Atlanta he called for a 30 percent pay cut for pilots.

"Delta's 75 years of survival guarantee us a place at the table and an opportunity, but it does not by any means guarantee us success," said Grinstein.

"Employee costs are only part of the big picture," said Chris Rankle with the Pilot's Association.

Delta has lost $3 billion and layoff nearly 16,000 employees since the September 11 terrorist attacks.


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