NEW YORK (Reuters) - Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) will send a letter to some 3,500 retired pilots informing them of its inability to make their October pension payments, Delta lawyer Marshall Huebner said in a hearing on Thursday.
The letters saying there is a good chance the October payments will not go out will only be sent to pilots above a certain salary level, Huebner said during the hearing in U.S. Bankruptcy Court in Manhattan.
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So soon...