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Pilots Await Word on Secret Pinnacle Contract Ruling

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Bankruptcy Judge Robert E. Gerber ruling will be revealed today on whether to let Pinnacle Airlines Corp. slash its pilots’ pay, the Wall Street Journal reported on Saturday. Judge Gerber filed his ruling under seal on Thursday in court. Gerber has gave the stakeholders until the close of business on Friday to proof the document, looking for “any typographical or citation errors,” “technical inaccuracies” or slips that disclose confidential information. Pinnacle sought Judge Gerber’s permission to shave an average of $59.6 million a year in costs related to the pilot union contracts between 2013 and 2018, contending that is necessary for its survival. Earlier this year, that number was $32.2 million, but Pinnacle says that it got a message from Delta that meant bigger cuts are called for.