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American Airlines pilots' union accepts sweetened labor deal - TL;DR CNBC

American Airlines pilots' union accepts sweetened labor deal

Publishing timestamp: 2023-07-27 21:16:43


Summary

American Airlines' pilots union has accepted a sweetened labor deal after a richer deal at United Airlines derailed voting. The new agreement includes pay matching with United and Delta Air Lines, as well as other improvements. This is part of a trend in the transportation industry where workers are seeking and receiving higher wages. UPS and the International Brotherhood of Teamsters also struck a preliminary labor agreement to raise pay for more than 300,000 workers.


Sentiment: POSITIVE

Tickers: UPSUALAALDAL

Keywords: delta air lines incunited parcel service incbusinessaerospace and defense industryairlinesbreaking news: businessbusiness newstransportationamerican airlines group incunited airlines holdings inclifetravel

Source: https://www.cnbc.com/2023/07/27/american-airlines-pilots-union-accepts-sweetened-labor-deal.html


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