American Airlines pilots, union reach deal

Ponca City Now - January 5, 2015 7:11 am

FORT WORTH, Texas (AP) – The pilots union at American Airlines has agreed to vote on a five-year contract proposal that would boost pay by more than 26 percent and offer smaller raises in later years.

Union leadership agreed to put the deal to a vote late Saturday, just before a midnight deadline set by the company. It would increase pilot pay by 23 percent retroactive to Dec. 2 if pilots approve the deal by mid-January, and it includes annual 3 percent raises beginning Jan. 1.

Airline profits have been soaring to record highs partly because the price of jet fuel has plummeted.

American Airlines Group Incorporated based in Fort Worth, says the deal would mean American pilots would be paid 7 percent more on average than rival Delta Air Lines pilots.

 

Latest Stories

Watch Ponca City Basketball Here

The Cats are at home against Putnam City West. If you can’t make it to the...

Team Radio Santa’s Stash of Cash Contest 2024 on KLOR and KPNC

Santas Stash is “hypothetically” hidden in “plain sight” somewhere in Ponca City. Listen weekdays during the...

PCPD Seeks Stop N Go Robbery Suspect

On the evening of December 1st, a male subject wearing a hoody, sweatpants, blue latex gloves,...