United Airlines and the union representing its pilots stated Saturday they reached contract on a agreement that will raise pilot pay by up to 40% over 4 years.
The union valued the arrangement at about $10 billion. It followed more than 4 years of troubled bargaining that consistedof picketing and talk of a strike vote.
The offer shows the utilize delightedin by labor groups, specifically pilots, as airlinecompany profits skyrockets on the strong healing in travel.
The Air Line Pilots Association stated the contract, which is topic to a ratification vote, would put United pilots on par with equivalents at Delta Air Lines, who authorized a pay-raising offer earlier this year.
The union stated the arrangement consistsof considerable increases in pay, retirement advantages and task security.
At least on pay, the offer appears far muchbetter than one that United pilots turneddown last November.
Once the offer is authorized, pilots will get instant wage-rate increases of 13.8% to 18.7%, depending on the type of airplane they f