American Airlines CEO vows to hike wages

Jun 17, 2022
446 views
0 comments
Share
Vendors & Software

Robert Isom, American Airlines CEO said this week that the company will revise its pay proposals for 14,000 of its pilots, acknowledging the increased pay standards since the company made its most recent offer before the pandemic. The Texas-based airline had previously floated a 4% date-of-signing increase plus 3% annual raises after that. But it was put on hold due to the pandemic. In a video message to pilots posted on Monday, Isom said, "It was industry-leading at the time we proposed it. As the pandemic wanes, the standard for compensation has gone up."

Isom's message comes just two days after two of American’s subsidiaries, regional carriers Piedmont and Envoy, extended big raises to their pilots. This included a temporary 50% pay hike through the end of August 2024, in hopes of easing a pilot shortage that has curbed growth plans. Meanwhile, United Airlines became the first major carrier in the pandemic to reach a contract deal with its pilots' union.

Pilots at American Airlines and those at other carriers, including Delta's have been picketed in recent months to protest the grueling schedules airlines have planned to capitalize on the rebound in travel demand. A spokesman for Allied Pilots Association, American's pilots’ union said that the company will have to do more than raise wages. He added, "There is no work-life balance."

Source: CNBC

446 views
0 comments

Tags In

IT Skills

Previous days news

Jun 15 Jun 13 Jun 10 Jun 8 Jun 6

Best tech jobs in the United States : BLS data

Sep 06, 2022
1307 views
0 comments
Background Checks

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Sep 06, 2022
808 views
0 comments
Background Checks

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Aug 17, 2022
1341 views
0 comments
Background Checks

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

Aug 17, 2022
791 views
0 comments
Background Checks

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

Aug 10, 2022
1359 views
0 comments
Background Checks

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

American Airlines CEO vows to hike wages

American Airlines CEO vows to hike wages

Tags In

Others news

Category

Tags

Articles