Delta, Pilots Reach Deal With 31% in Pay Raises Over Four Years [BNN Bloomberg (Canada)]
American Airlines Group, Inc. (AAL)
Last american airlines group, inc. earnings: 4/30 07:30 am
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Source: BNN Bloomberg
The tentative accord -- with $7.8 billion in increased value -- would also provide a one-time payment to pilots, the Air Line Pilots Association told members in an email Friday. The agreement, reached after more than three years of talks, must be approved by union leadership before going to pilots for a vote. If approved, terms of the agreement are expected to set minimum standards for contracts being negotiated with pilots at American Airlines Group Inc., United Airlines Holdings Inc. and Southwest Airlines Co. Talks across the industry have been particularly tense as unions seek increases in compensation and more flexible work schedules, and pilots have frequently picketed outside of airports and sites of company investor meetings. The agreement “recognizes the contributions of our pilots to Delta's success,” the airline said in an email. The accord could be the first new pilots contract approved at major US airline since before the start of the pandemic. Pay raises could exc
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AAL
Earnings
- 1/25/24 - Miss
AAL
Sec Filings
- 3/12/24 - Form 8-K
- 3/5/24 - Form 8-K
- 3/4/24 - Form 8-K
- AAL's page on the SEC website