American Airlines Pilots Cut New Contract With Management

American Airlines pilots have agreed in principle on a new contract that boosts their pay by 21% in 2023, sources told Rajesh Kumar Singh and Allison Lampert of Reuters.

Photo Insert: Under the tentative agreement, American pilots would get a 21% pay increase in 2023, a pay increase of 5% in the second year and 4% a year during the following two years of the deal.

The Allied Pilots Association (APA), which represents over 13,000 pilots at Texas-based American, said on Friday it will move forward with completing contractual language before presenting the contract to its board for approval.

However, the union did not share contract details.

American did not quantify the contract value but said it provides pay and profit sharing that match the top of the industry with improved quality-of-life provisions.

Under the tentative agreement, American pilots would get a 21% pay increase in 2023, a pay increase of 5% in the second year and 4% a year during the following two years of the deal, three sources with direct knowledge of the matter said.

The sources said the contract lasts four years with pay rates comparable to those secured by pilots at Delta Air Lines.

Pilots would also get an additional 3% raise in 2027 when the proposed contract becomes amendable, added the sources who spoke under condition of anonymity as the details are not yet public.

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