Advertisement
Canada markets close in 3 hours 7 minutes
  • S&P/TSX

    22,045.90
    +173.94 (+0.80%)
     
  • S&P 500

    5,069.57
    +58.97 (+1.18%)
     
  • DOW

    38,500.35
    +260.37 (+0.68%)
     
  • CAD/USD

    0.7316
    +0.0015 (+0.21%)
     
  • CRUDE OIL

    82.96
    +1.06 (+1.29%)
     
  • Bitcoin CAD

    91,253.59
    +930.79 (+1.03%)
     
  • CMC Crypto 200

    1,434.16
    +19.40 (+1.37%)
     
  • GOLD FUTURES

    2,343.80
    -2.60 (-0.11%)
     
  • RUSSELL 2000

    2,002.71
    +35.24 (+1.79%)
     
  • 10-Yr Bond

    4.5840
    -0.0390 (-0.84%)
     
  • NASDAQ

    15,684.72
    +233.41 (+1.51%)
     
  • VOLATILITY

    16.27
    -0.67 (-3.95%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • CAD/EUR

    0.6836
    -0.0014 (-0.20%)
     

Delta may avoid furloughs thanks to demand for early exit deal

FILE PHOTO: Delta Air Lines passenger planes parked in Birmingham

By David Shepardson and Tracy Rucinski

WASHINGTON/CHICAGO (Reuters) - Delta Air Lines <DAL.N> may be able to avoid involuntary furloughs in the fall after receiving interest from more than 15,000 employees for early exit deals, one person with knowledge of the matter said.

The person said Delta was also looking at extending reduced work hours for employees past September in an effort to save costs as the coronavirus pandemic continues to whip the airline industry.

Delta declined to comment.

(Reporting by David Shepardson and Tracy Rucinski; Editing by Sandra Maler)