United Airlines pilots approve costliest US contract worth $10.2b

United Airlines pilots approved a new four-year contract that is the costliest ever at a US carrier, providing a cumulative increase in total compensation of as much as 40.2% over the life of the agreement. The contract, with $10.2b in value over the four-year term, leaves Southwest alone among the four biggest US carriers without a new post-pandemic pilot accord. The United agreement was approved by 82% of those voting, the Air Line Pilots Association said Friday. More than 97% of all United aviators cast ballots. United pilots join counterparts at Delta and American Airlines in using an industrywide shortage of aviators as leverage to secure their first post-pandemic contracts with not only notable pay raises, but multiple changes to improve scheduling and work-life balance. The new United contract includes $1.7b in new policies that affect quality of life, such as increased profit sharing and improved pay during training, the union said. “The journey that brought us to this day was long, difficult, and not without turmoil and upheaval,” Garth Thompson, chairman of the ALPA unit at United, said in a statement. “However, the journey also reinvigorated our union, reminding us of what we can accomplish through involvement and resolve.” The pilots also benefited from the fact they were all negotiating at the same time, allowing them to push for similar terms in some areas. The multibillion dollar agreement will boost United’s costs and be the most expensive ever for an airline labor agreement. Pilots will get an immediate pay boost of 13.8% to 18.7% upon signing the deal, followed by annual increases of as much as 5%. More than 200 improvements in the contract, including pay hikes, are immediate, the union said. “We are the largest and best airline in the world because of our people, and I’m happy to give them a great contract,” CEO Scott Kirby said about the vote in a post on LinkedIn.com. <br/>
Bloomberg
https://www.ajot.com/news/united-airlines-pilots-approve-costliest-us-contract-worth-10.2-billion
10/2/23
ua