American Airlines offers pilots nearly 17% raises in new contract proposal


In this article

Pilots talk as they look at the tail of an American Airlines aircraft.
Mike Stone | Reuters

American Airlines CEO Robert Isom on Thursday said the carrier has offered its pilots pay raises totaling nearly 17% under a new contract, according to an internal video seen by CNBC.

The latest proposal to the pilots’ union, the Allied Pilots Association, comes less than a week after rival United Airlines and its pilots’ union reached a tentative agreement that includes more than 14% in total raises over the next 18 months. That deal faces a vote by United’s pilots that ends in mid-July.

This is breaking news. Check back for updates.

Products You May Like

Articles You May Like

Stocks making the biggest moves after hours: Disney, Bumble, Sonos & more
Stocks making the biggest moves premarket: Wendy’s, Coinbase, Buzzfeed and more
Retirees may be focusing on the wrong risks to financial security, due to ‘exaggerated assessments of market volatility’
Is the economy in a recession? ‘What you call it is less relevant,’ says one economist: Here’s ‘what really matters’
Large Indiana employers Eli Lilly and Cummins speak out about the state’s new restrictive abortion law

Leave a Reply

Your email address will not be published.