Delta CEO: There’s No Pilot Shortage, But We’re Giving Raises Anyway
Photo Credit: Delta CEO Ed Bastian spoke to CNBC after the company's third quarter earnings call. CNBC / CNBC
Skift Take
Delta's CEO appears confident following third quarter earnings that were better than analysts predicted, and he maintains that Richard Anderson's departure was part of the succession plan all along.
Delta Air Lines CEO Ed Bastian denied that a prospective pay raise for its pilots is tied to a pilot shortage, saying he faces no such shortfall at Delta.
This contrasts with the company's 2015 Form 10-K, required by the Securities and Exchange Commission, which notes that "some third-party regional carriers are facing a shortage of qualified pilots due to government mandated increases in flight experience required for pilots
