US Airline to Increase Pay Rise for 14,000 Pilots
American Airlines CEO Robert Isom announced that its pilots will receive a pay increase. “Our team will be paid well and be paid competitively. You are not going to fall behind network peers,” Isom said in a video message.
According to Isom, a pre-pandemic proposal was made to union of an initial 4 per cent increase followed by an annual increase of 3 percent. However, Isom said “the standard for compensation has gone up” as cited by CNBC.
Isom said American will take other carriers’ agreements into account and update pay proposals when more details are known, per CNBC.
The median annual wage for commercial airline pilots is $99,640 in May 2021, according to the Bureau of Labor Statistics Occupational Outlook Handbook.
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