Pilots in line for big raises amid global travel disruptions

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The largest pilots union has approved a contract that would boost the pay of pilots at United Airlines by more than 14% over the next 18 months, potentially clearing the way for similar wage hikes throughout the industry.

The Air Line Pilots Association said Friday that the council overseeing relations with United approved a tentative two-year agreement that covers about 14,000 of the airline's pilots.

United CEO Scott Kirby called the deal an industry-leading contract that would help both the union and the airline.United, based in Chicago, is the first major U.S. airline to reach an agreement with its pilots since negotiations across the industry were put on hold because of the pandemic. Union groups at other big airlines have been watching the United contract talks closely as a potential guide in their own negotiations.

The United contract, which the union valued at $1.3 billion over two years, would be retroactive to the start of 2022 and give three pay raises totaling more than 14.5% through the end of next year. The union said it includes better overtime and premium pay, a new retirement plan, a new 8-week paid maternity leave benefit and improved scheduling provisions.The deal is likely to raise concern on Wall Street about rising expenses.

 

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