American Airlines’ (AAL) pilot union has expressed that the ratification of the carrier’s new contract is in “jeopardy” as United Airlines (UAL) has raised the benchmark with its own pact, Reuters’ Rajesh Kumar Singh reports, citing a union memo. Pilots at American are set to begin voting next week on a new four-year deal, but the Allied Pilots Associations said the proposed pay rates, as well as certain quality-of-life items in the contract, pale in comparison with those in United’s preliminary agreement, the author notes.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AAL:
- American Airlines (NASDAQ: AAL) Down Even as Q2 Results Top Estimates, Raises Outlook
- American Airlines Reports Second-Quarter 2023 Financial Results
- American Airlines (NASDAQ:AAL) Q2 Earnings Preview: Prospects Look Bright
- AAL Earnings this Week: How Will it Perform?
- United Airlines (NASDAQ:UAL), Ahead of Earnings, Luring Pilots With Major Pay Hikes