NEW YORK (BridgeNews) — A pilot strike at Delta Air Lines Inc.'s Comair unit is forcing the airline to cut 2,000 jobs because it has not been able to fly for more than a month.
Comair, a regional carrier, is laying off about half of its 4,000 non-striking employees. The company has canceled all of its flights and hasn't received any revenue since its 1,350 pilots went on strike March 26. Flights will remain canceled at least until May 26.
The last day of work for the 2,000 laid-off employees will be May 13. Comair is trimming its staff across all departments and said employees will be called back to work as the need arises.
According to some estimates, Delta is losing $4 million in revenue each day as a result of the Comair strike. Though talks are ongoing, "there is not yet a clear path to a settlement," said Delta chief executive officer Leo Mullin at the company's annual shareholders meeting on Thursday.
Delta may have narrowly missed a more serious threat from the pilots of its main airline. The pilots signed a tentative contract on April 22, and the pilots' Master Executive Council is scheduled to meet today to consider the offer. If it approves the deal, the MEC will present the contract to the pilots for ratification.
On Friday, Delta shares rose 48 cents to close at $44.52.