American Airlines pilots approve new contract, 66%-34%

[brooklynite]

Source: Dallas Morning News

American Airlines pilots have approved a new five-year contract that gives them 24 percent pay raises this year and small pay raises in future years.

The decision avoids a scenario in which the Allied Pilots Association contract combining US Airways and American Airlines pilots under a single agreement would have gone to binding arbitration.

In a regulatory filing Jan. 12, American said the pilot contract would increase its cost by $650 million in 2015, and it would incur another $50 million in December 2014 costs because the pay raises would be retroactive to Dec. 2.

The new contract combined three contracts into a single collective bargaining agreement for pilots of American and US Airways, which merged in December 2013.

Read more: http://aviationblog.dallasnews.com/2015/01/american-airlines-pilots-approve-new-contract-66-34.html/

[mnhtnbb]

1. Hoo boy. So glad I just booked our next two trips on AA

before they decided to hike fares.

[Demit]

3. AA probably made the $ for the pay raise on fuel savings alone.

If they hike fares it's because they want to hike fares.

[mnhtnbb]

4. Of course, it's a great excuse to hike fares. And they will.

[project_bluebook]

2. They earn every penny that they can get

and are never paid what they are really worth.