American Airlines Pilot Union Ready For Federal Intervention In Its Contract Talks - American Airlines Gr (NASDAQ:AAL)

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