Home About

TL;DR CNBC


American Airlines pilots approve sweetened labor deal with big raises - TL;DR CNBC

American Airlines pilots approve sweetened labor deal with big raises

Publishing timestamp: 2023-08-21 17:48:12


Summary

American Airlines' pilots approved a new contract that includes an immediate 21% pay bump, making the carrier the second major U.S. airline to seal a deal with its highest-paid work group this year. The agreement also includes raises over the next few years, improvements in scheduling and benefits, and retroactive pay for pilots costing the airline $230 million in the third quarter.


Sentiment: POSITIVE

Tickers: AAL,  DAL,  UAL, 

Keywords: life,  aerospace and defense industry,  airlines,  united airlines holdings inc,  business,  transportation,  delta air lines inc,  business news,  travel,  breaking news: business,  american airlines group inc, 

Source: https://www.cnbc.com/2023/08/21/american-airlines-pilots-approve-labor-deal-with-big-raises.html


Developed by Leo Phan