American Airlines Offers Pilots Nearly 17% Raises in New Contract Proposal

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American Airlines Offers Pilots Nearly 17% Raises in New Contract Proposal
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American Airlines CEO Robert Isom on Thursday said the carrier has offered its pilots pay raises totaling nearly 17% under a new contract.

American Airlines offered pilots raises totaling nearly 17% under a new contract, according to an internal video seen by CNBC.American's latest offer comes as airlines are grappling with pilot shortages.CEO Robert Isom on Thursday said the carrier has offered its pilots pay raises totaling nearly 17% under a new contract, according to an internal video seen by CNBC.

The latest proposal to the pilots' union, the Allied Pilots Association, comes less than a week after rivaland its pilots' union reached a tentative agreement that includes more than 14% in total raises within 18 months, the first major U.S. airline in the industry to get to that point in the pandemic.

The deal faces a vote by United's pilots that ends in mid-July, however, and it is still not clear whether it could pass.

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