Pilots at American Airlines have approved a new contract that will raise their pay 41% over four years.
The Allied Pilots Association said its new contract with American includes $1.1 billion in one-time payments and ratification bonuses and immediate pay raises averaging 21%. Annual raises, plus increased company contributions to retirement plans will raise the value of total compensation by 46% over four years, according to the union.
It also includes more vacation benefits and changes designed to give pilots more predictable schedules, the union said. Airline industry labor contracts do not expire — that’s part of a federal law designed to make strikes nearly impossible. Rather, they become open for change or “amendable” at their conclusion. Bargaining on the next contract for American’s pilots could begin as soon as November 2026.
The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
American Airlines pilots approve sweetened labor deal with big raisesAmerican follows Delta in sealing a labor deal with its pilots this year.
Read more »
American Airlines pilots approve new contract -union By ReutersAmerican Airlines pilots approve new contract -union
Read more »
American Airlines pilots vote in new contract deal with huge raisesAmerican Airlines pilots have approved a new pilot deal.
Read more »
41 Beauty Products Reviewers Over 60 Swear ByAnd if you're under 60, you don't need to wait to scoop up these holy grails.
Read more »
The Offspring with Simple Plan and Sum 41: Let The Bad Times Roll TourThe Offspring with Simple Plan and Sum 41: Let The Bad Times Roll Tour at Blossom Music Center:
Read more »
2-vehicle crash on US 41 in Indiana sends Illinois woman to hospitalA two-vehicle crash in Indiana on Friday left a woman from Illinois hospitalized.
Read more »