Delta chief to give up some pay
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From Times Wire Services
Delta Air Lines Inc. Chief Executive Richard Anderson plans to waive millions of dollars in compensation he would be eligible for if the carrier merged, as a goodwill gesture to employees and investors.
Atlanta-based Delta, the No. 3 U.S. carrier, is in discussions with fifth-ranked Northwest Airlines Corp., based in Eagan, Minn., about an alliance, people including the Northwest pilots’ union have said.
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