Members of the Allied Pilots Association, which represents American's 15,000 pilots, will vote on a new contract this month.
American’s pilots would receive about a 21% increase for this year, 5% in 2024, 4% in 2025, 4% in 2026 and 3% in 2027, the year the contract would become amendable. In 2024, pilots would receive a 17% 401 contribution, and in 2026, the contribution would increase to 18%.The new contract would also improve profit sharing to match Delta’s at 10% up to $2.5 billion pre-tax profit, and 20% for anything above. There are also new terms for benefits, long-term disability and more.
“We appreciate the Allied Pilots Association board of directors’ review of the proposed tentative agreement on a new four-year contract for American’s pilots,” said American Airlines spokeswoman Sarah Jantz. “It’s an agreement that would provide our pilots with pay and profit sharing that match the top of the industry with improved quality-of-life provisions unique to American’s pilots. It’s a contract we’re proud of and one our pilots deserve.
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