The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Business

American Airlines flight attendants ratify new contract with immediate raises topping 20%

by admin September 14, 2024
September 14, 2024
American Airlines flight attendants ratify new contract with immediate raises topping 20%

American Airlines flight attendants approved a five-year labor deal, ending one of the industry’s most contentious contract negotiations and giving cabin crews raises of up to 20.5% at the start of October.

Eighty-seven percent of the American Airlines flight attendants who voted approved the contract, the union said Thursday, shortly after polls closed.

“This contract marks a significant milestone for our Flight Attendants, providing immediate wage increases of up to 20.5%, along with significant retroactive pay to address time spent negotiating,” said Julie Hedrick, president of the Association of Professional Flight Attendants, which represents the carrier’s roughly 28,000 cabin crew members.

Flight attendants are the biggest unionized work group at the Fort Worth-based airline.

The contract deal is a relief for American Airlines’ leaders, which had faced a strike threat from flight attendants if the two sides could not get to a deal. Transportation Secretary Pete Buttigieg and Labor Secretary Julie Su had attended negotiations in June, overseen by the National Mediation Board. More than 160 lawmakers have also pushed the NMB to get to deals across the airline industry.

“Reaching an agreement for our flight attendants has been a top priority, and today, we celebrate achieving this important milestone,” American Airlines CEO Robert Isom said in a statement.

Flight attendants, similar to other airline workers, have pushed for higher pay and other work-rule improvements after the Covid-19 pandemic derailed negotiations and the cost of living has skyrocketed in recent years.

United Airlines and its flight attendants’ union are still negotiating for a new contract, while Alaska Airlines cabin crew members recently rejected a tentative labor deal.

Other industries have also won higher pay in new contracts, some of them after strikes, such as in the auto industry and in Hollywood.

Some 33,000 Boeing workers are voting on Thursday on a new contract with 25% raises, which some workers have said they will reject. Boeing faces a potential strike if the deal is rejected.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Tesla Semi fire in California took 50,000 gallons of water to extinguish
next post
Top 5 Canadian Mining Stocks This Week: Clean Air Metals Soars 85 Percent

Related Posts

Alaska Airlines to buy Hawaiian Airlines in $1.9...

December 5, 2023

United Airlines tweaks frequent flyer program to reward...

November 11, 2023

AMD CEO calls China a ‘large opportunity’ and...

May 8, 2025

McDonald’s announces plan to hire 375,000 employees this...

May 14, 2025

Robinhood CEO sees Amazon-like subscription model as path...

March 29, 2025

Trump’s tariffs on Brazil could make your coffee...

July 12, 2025

Reddit targets international users for ad growth, teases...

November 28, 2024

ESPN plans to add user-generated content to upcoming...

February 21, 2025

CEOs want workers back in offices—this company is...

February 22, 2025

Some local Teamsters groups announce Harris endorsements after...

September 21, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,550)
    • Investing (4,201)
    • Politics (5,579)
    • World (4,762)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved