"They probably realize this is the best moment in time to get a deal done." In January, Delta said that even with "all expected labor cost increases" it expects a drop of up to 4% in nonfuel costs.

On Wednesday, pilots were able to capitalize on how in-demand they are by striking a new deal with an eye-popping salary raise. Delta and the ... speed with demand. The labor shortage for the ...

It's likely that Delta's successful agreement will speed things up for competitors. American Airlines said the deal could "profoundly" change the industry, according to Reuters. Analysts at ...

Raises coupled with a favorable environment for union negotiations are dimming the prospect of future fare declines.

Air Canada pilots are pressing for higher pay in the run-up to fresh contract talks, following recent gains secured by pilots ...