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Non-Tech : Airline Discussion Board -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (1789)

3/1/2023 11:44:49 AM

From: Sam

Respond to of 1867

Delta's pilot agreement 'profoundly' changes economics for industry, says American Airlines
REUTERS 11:43 AM ET 3/1/2023

Symbol Last Price Change

AAL	15.93	-0.05 (-0.3129%)
DAL	38.4	+0.06 (+0.1565%)
QUOTES AS OF 11:44:07 AM ET 03/01/2023

CHICAGO, March 1 (Reuters) - American Airlines(AAL) on Wednesday said the deal rival Delta Air Lines(DAL) has struck with its pilots "profoundly" changes the economics for the entire airline industry.

Delta's new pilots contract is estimated to result in over $7 billion in cumulative increases in pay and benefits over four years for its 15,000 pilots. The new contract is widely expected to be a benchmark for contract negotiations at American Airlines(AAL) and United Airlines.

(Reporting by Rajesh Kumar Singh, Editing by Franklin Paul)