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American Airlines boosts pilot contract offer by $1 billion after United deal - TL;DR CNBC

American Airlines boosts pilot contract offer by $1 billion after United deal

Publishing timestamp: 2023-07-22 13:07:20


Summary

American Airlines sweetened its labor contract offer ahead of a planned ratification vote, matching the deal offered by United Airlines. The new proposal is worth about $9 billion and includes pay raises, backpay, and other benefits. The pilot union postponed the vote on the previous deal and will return to negotiations if changes are not approved in time for the vote.


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

Source: https://www.cnbc.com/2023/07/22/american-airlines-boosts-pilot-contract-offer-by-1-billion-after-united-deal.html


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