American Airlines CEO Vows to Improve Pilot Pay as Wages at Other Carriers Rise |
American Airlines is in the middle of contract negotiations with its roughly 14,000 mainline pilots.
Two of the carrier's regional airlines, Envoy and Piedmont, just extended two-year pay hikes of 50% to ward off a pilot shortage. Other airlines, including JetBlue, Southwest, Alaska and Delta, are in contract talks with pilot unions.CEO Robert Isom said this week that the company will revise its pay proposals for its 14,000 pilots, acknowledging pay standards have increased since the company made its most recent offer before the pandemic.
The Fort Worth, Texas-based airline had previously floated a 4% date-of-signing increase plus 3% annual raises after that. Thenroiled the industry and put talks between carriers and labor unions throughout the industry on hold. "It was industry-leading at the time we proposed it," Isom said in a video message to pilots posted Monday, which CNBC reviewed."As the pandemic wanes, the standard for compensation has gone up."Download NBC 5 Dallas-Fort Worth
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