American offers to boost pilot pay 17% by the end of 2024

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DALLAS (AP) — American Airlines is giving pilots raises of practically 17% by the end of 2024, a indication of the leverage that pilots take pleasure in as airlines struggle with a labor shortage.

CEO Robert Isom reported Thursday that the proposal would raise pilot wages at American to the concentrations comprehensive in a tentative agreement between United Airways and its pilots. Isom said in a video sent to pilots that the airline’s personnel “will be paid well, and paid out competitively, no make any difference what.”

Isom said the captain of a Boeing 737 at the leading of the proposed spend scale would gain a foundation income of about $340,000 a year by the close of 2024. Senior captains of bigger planes, this kind of as Boeing 777s, would earn about $425,000 a yr. He explained the corporation is also giving a quality for reassignments, a far better profit-sharing method, and other incorporate-ons.

American, which is based mostly in Fort Well worth, Texas, shed $2 billion final calendar year but is viewing much better earnings this 12 months as journey continues to get better from the worst of the pandemic.

The Allied Pilots Affiliation, which signifies the airline’s about 13,000 pilots, did not quickly react to a ask for for comment.

United pilots, who presently make additional than counterparts at American, are voting via July 15 on a deal that would give them raises of about 14% through 2024.

Pilots at Delta, Southwest and Alaska are in negotiations for new contracts. They have picketed at airports even though complaining that understaffing is producing them to do the job much too lots of flights and danger fatigue.

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