America's thirst for vacationing results in $10 billion raise for United Airlines pilots—up to 40% higher pay over the next 4 years

America's thirst for vacationing results in $10 billion raise for United Airlines pilots—up to 40% higher pay over the next 4 years

Jul 16, 2023 by Fortune

Key Facts

  • United Airlines and the union representing its pilots said Saturday they reached agreement on a contract that will raise pilot pay by up to 40% over four years.
  • The Air Line Pilots Association said the agreement, which is subject to a ratification vote, would put United pilots on par with counterparts at Delta Air Lines, who approved a pay-raising deal earlier this year.
  • Once the deal is approved, pilots will get immediate wage-rate increases of 13.8% to 18.7%, depending on the type of plane they fly, followed by four smaller annual raises, according to a summary on the union’s website.
  • In a statement on the LinkedIn social media site, CEO Scott Kirby said, “We promised our world-class pilots the industry-leading contract they deserve, and we’re pleased to have reached an agreement with ALPA on it.”

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