Figured UAL would beat Delta's % raises but by 12.2% is a good beat. It's usually by a mere 2-6% average over other airlines. Now Pilots at other airlines nego contracts have a new marker to go by.
And this is why Delta loves to start the industry wages. 1- It keeps the unions out in other groups. 2- They are praised for taking care of their employees FIRST, but then fall to the back of the pack and saves the most $$$ by all the other airlines beating their first in industry wages. Smart Delta. 3- Delta can charge less of the big 3 for tickets both domestic as well as international flights. Win-win for Delta to always make the first move, and an advantage.
Up to 40.2% increases! Wow! That's a lot when already banking 250K-350K. Union puts full price tag at 10 Billion+, will that be too much down the road?? How long to make up or back the cost of the 10B cost??? Markets must remain robust for a long time going forward for sure.
Congrats to the UAL Pilots if they vote to accept...
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And this is why Delta loves to start the industry wages. 1- It keeps the unions out in other groups. 2- They are praised for taking care of their employees FIRST, but then fall to the back of the pack and saves the most $$$ by all the other airlines beating their first in industry wages. Smart Delta. 3- Delta can charge less of the big 3 for tickets both domestic as well as international flights. Win-win for Delta to always make the first move, and an advantage.
Up to 40.2% increases! Wow! That's a lot when already banking 250K-350K. Union puts full price tag at 10 Billion+, will that be too much down the road?? How long to make up or back the cost of the 10B cost??? Markets must remain robust for a long time going forward for sure.
Congrats to the UAL Pilots if they vote to accept...
United Airlines agrees to give union pilots big pay raises
United Airlines and the union representing its pilots said Saturday they reached agreement on a contract that will raise pilot pay by up to 40% over four years. The Air Line Pilots Association said the agreement, which is subject to a ratification vote, would put United pilots on par with...
