The deal has about $10 billion in value over the life of the contract, the union said, with improvements to “quality of work-life, compensation, job security, work rules, retirement, benefits.” The agreewment ends something of a long-term stalemate between the parties: The pilots and United management have been negotiating for more than four years, the union said. As the post-pandemic travel boom ramps up, more pilot union groups are demanding improved benefits.
The new United deal has cumulative pay increases that ranges from 34.5% to 40.2% based on the type of aircraft a pilot flies, the union said. “We promised our world-class pilots the industry-leading contract they deserve, and we’re pleased to have reached an agreement with ALPA on it,” United Airlines said in a statement.
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Source: Reuters - 🏆 2. / 97 Read more »