This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Delta: New Rules Mustn't Muddle Votes

Stocks in this article: DAL

ATLANTA ( TheStreet) -- The National Mediation Board is moving to make it easier for unions to organize, even as Delta (DAL - Get Report) faces the most critical union elections in its history.

In a notice of proposed rulemaking that will be posted on Monday, the NMB will suggest a shift in voting in union elections, so that unions need only win a majority of the votes cast to win an election. Presently, unions must win a majority of all those eligible to vote.

Labor has been seeking the change for decades. It now appears possible because Democrats control Congress as well as the White House. Two of the three NMB members must come from the sitting president's party.

For Delta, which has been largely union-free for decades, the timing could prove unfortunate. A 2008 merger with heavily unionized Northwest means that two major airline unions are seeking elections that will determine whether tens of thousands of Delta employees have representation.

Whatever is happening at the NMB, it should not slow down the Delta elections, the airline said Friday. "Regardless of what happens with the rule change proposal, there are pending Delta applications being delayed," said spokeswoman Gina Laughlin. "There's no reason for that delay. The applications should continue under the rules that existed at the time they were filed."

Laughlin said Delta workers want the matter resolved. Currently, the airline can have two people "doing identical jobs, but with different pay rates, different benefits and different work rules," she said. Until representation issues are resolved, the rules cannot be equalized.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs