Pilots at Spirit Airlines approved a two-year contract agreement that will boost their pay by an average of 34% over that period, signaling how growing competition for aviators is fueling higher wages
Pilots at Spirit Airlines Inc. approved a two-year contract agreement that will boost their pay by an average of 34% over that period, signaling how growing competition for aviators is fueling higher wages.
Nearly 70% of Spirit’s pilots voted in favor of the deal, which the Air Line Pilots Association union said included gains worth $463 million. Captains will receive cumulative pay increases of 25% over the term of the agreement, while first officers’ pay will increase 43%, the union said.
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