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American Airlines CEO tells pilots the carrier will match Delta's pay - TL;DR CNBC

American Airlines CEO tells pilots the carrier will match Delta's pay

Publishing timestamp: 2023-03-08 10:09:41


Summary

American Airlines CEO Robert Isom has stated that the company is prepared to match Delta's pay increases for pilots, including potential 40% cumulative increases in a four-year deal. Delta recently ratified a four-year contract with its pilots that grants them 34% cumulative raises and other quality-of-life improvements. American Airlines is now prepared to raise pilot pay to match that of Delta's, setting the stage for other airlines and unions to reach agreements.


Sentiment: NEUTRAL

Tickers: AALDAL

Keywords: business newsaerospace and defense industrydelta air lines incairlinesamerican airlines group incrobert isomtravellifebreaking news: businessbusinesstransportation

Source: https://www.cnbc.com/2023/03/08/american-airlines-vows-pilot-pay-raises.html


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