![]() Separately, American’s flight attendants want immediate raises of 35% followed by annual raises of 6%.Īmerican executives haven’t said how they will pay for new contracts. They deserve these increases, and we can’t wait to deliver them to them,” CEO Robert Isom said today on CNBC. “My primary interest is making sure our pilots are taken care of. The Allied Pilots Association, which represents crews at American, valued the previous deal at $8.3 billion over four years, and improving it to match United will likely bring its cost to about $9.5 billion. The two sides are now renegotiating after pilots at United got a better deal. American recently agreed with union negotiators on a new labor contract that would raise pilot pay by more than 41% over four years. ![]() That was partly offset, however, by labor costs that are rising and will soon increase much more rapidly. ![]() Thanks to lower fuel prices, the carrier’s spending at the pump plunged 32%, saving the airline about $1.3 billion compared with a year earlier. International travel in particular is picking up, and that is helping American, United Airlines and Delta Air Lines. ![]() Revenue rose 5% to a quarterly record of $14.06 billion. DALLAS - American Airlines is reporting a $1.34 billion profit for the second quarter, boosted by strong ticket sales and a huge drop in the price of jet fuel and the airline raised its profit expectations for the year. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |