American Airlines Pilot Union Ready For Federal Intervention In Its Contract Talks

  • American Airlines Group Inc's AAL pilot union said in a message that its Allied Pilots Association board unanimously approved a motion for the union to prepare an application for National Mediation Board intervention in its talks with the company. Though it had not been filed.
  • The union's potential request for National Mediation Board intervention comes more than three months after American CEO Robert Isom offered pilots 17% raises in a new contract proposal.
  • Major pilot groups around the U.S. have struggled to reach agreements as they seek pay increases amid high inflation and better schedules after a rollercoaster pandemic that saw flight hours slashed and then surge significantly, CNBC reported.
  • Compensation and some working conditions are among issues still up in the air with American, the report cited APA spokesman Dennis Tajer.
  • The union representing 15,000 pilots has also opposed an effort to extend an exemption from modern cockpit alerting requirements for Boeing Co's BA 737 MAX 7 and 10.
  • Price Action: AAL shares are up 2.20% at $13.49 during the premarket session on the last check Tuesday.
  • Photo Via Company
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