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FILE PHOTO: Delta Air Lines planes are parked at their gates at Hartsfield Jackson International Airport in Atlanta, Georgia, U.S., October 27, 2020. REUTERS/Brian Snyder. (Reuters) - Delta Air Lines Inc DAL.N and the union that represents its pilots have reached a preliminary cost-cutting deal that will prevent furloughs until Jan. 1, 2022, the union said late on Thursday. Delta MEC, a unit of the Air Line Pilots Association, said the agreement - which still needs approval from Delta’s nearly 13,000 pilots - will cut monthly minimum guaranteed hours by 5%. In September, Delta reached a tentative agreement with the negotiating committee of its pilots’ union to reduce the number of furlou... Full story

30 October