Pilot Showdown at Delta

Pilots at Delta Airlines are planning a rally tomorrow to defend their contract. They fear that a bankruptcy court may void their contract, allowing the company to "impose deep pay and benefit cuts."

Delta pilots are considering a strike if the court rejects their contract:

The company doesn't want a strike, and the pilots have made clear they don't want a judge throwing out their contract. But the pilots have pointed to their past sacrifices and argued that the new cuts they are offering are more than enough to help Delta become profitable again and compete with low-cost rivals.

If the decision gets to the judge, it's not a given how she would rule, though she indicated in an unrelated Delta bankruptcy hearing Thursday that she believes Delta's pilots are overpaid.

Pilots are the only major unionized group at Delta.