American Airlines pilots have a new agreement on the table that proposes about a 21% pay raise for this year on top of back-dated raises going back to 2020 and more increases in years to come.
On Friday, the Allied Pilots Association, which represents American’s more than 15,000 pilots, reached an agreement in principle with the Fort Worth carrier.
These pay raises could significantly impact consumers and their summer travel plans. The two biggest costs for a carrier are fuel and wages. Carriers with new pilot deals will need to figure out how to factor in billions in new expenses and still stay financially afloat.
