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Zenger
Zenger
Business
Bibhu Pattnaik

‌American Airlines Takes Cue From United: Pilot Contract Offer Increased To $9 Billion

American Airlines American APA Nasdaq
Pilots flying an airplane. American Airlines Matches United's Pilot Deal by Increasing Contract Offer by Over a Billion. KRISTOPHER ALLISON/UNSPLASH. 

American Airlines Group Inc (NASDAQ: AAL) has agreed to increase its pilot contract offer by over a billion dollars, aligning it with a tentative agreement reached by competitor United Airlines Holdings Inc (NASDAQ: UAL) and its pilots last week.

 The revised offer from American Airlines would elevate the value of the four-year offer to approximately $9 billion, putting it in line with United’s pay rates and covering backpay and other benefits, including sick time and life insurance, Reuters reported.

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