United Airlines agrees to give union pilots big pay raises

Tuesday, July 25, 2023

United Airlines and the union representing its pilots said Saturday they reached an agreement on a contract that will raise pilot pay by up to 40% over four years.

The union valued the agreement at about $10 billion. It followed more than four years of tumultuous bargaining that included picketing and talk of a strike vote.

The deal reflects the leverage enjoyed by labor groups, especially pilots, as airline revenue soars on the strong recovery in travel.

The union said the agreement includes substantial increases in pay, retirement benefits, and job security.
This week, Delta reported a record quarterly profit of more than $18 billion and record revenue during the April – through – June period that includes the first part of the summer travel season.

United is scheduled to report results Wednesday, and analysts expect the airline to post more than $1.3 billion, according to a FactSet survey.

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