February 8, 2023

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Delta pilots will receive more than 30% in pay increases under a new contract

Delta pilots will receive more than 30% in pay increases under a new contract

A pilot walks through windows at the newly renovated Delta D terminal at New York’s LaGuardia Airport on March 6, 2021.

Timothy A. Clary | AFP | Getty Images

Delta Airlines Its pilots union has reached a tentative agreement to increase the increases to 30% over four years, a landmark deal that could significantly increase pilot salaries across the industry.

Pilot and airline unions across the United States have been in tense negotiations for months if not years, as crews seek more compensation and better schedules.

Delta pilots voted in october to authorize They will go on strike if no deal is reached, while pilots at several airlines have staged objections this year to demand improvements to contracts. Delta and Union were moving toward a deal in mid-November, CNBC says mentioned.

Unions have complained of grueling schedules as travel slumps after the pandemic recession. Delta and other US airlines profitable Again, however, a shortage of trained pilots hindered and contributed to the carriers’ recovery The highest flight cost. It also gives pilots more power in contract negotiations. Labor and fuel are the two biggest expenses for airlines.

Delta’s “agreement in principle” with the Airline Pilots Association is worth $7.2 billion in cumulative value over four years, the association told members in an email late Friday. About a quarter of this amount is related to quality of life improvements.

The agreement includes an increase of 18% on the day the contract is signed, then an increase of 5% after one year and two increases of 4% in each of the following years. It also includes a one-time payment of 4% from 2020 and 2021 each, plus 14% of 2022 wages.

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“We are pleased to have reached agreement in principle on a new pilot contract, one that recognizes the contribution of our pilots to Delta’s success,” a Delta spokesperson said in an emailed statement.

Attempts at trades in American Airlines And the United Airlines It has failed so far, but the Delta deal may move talks forward.

“We will take validated agreements with other carriers, including United’s, into account and quickly update our fare proposals when details are known,” CEO Robert Isom said in a video message to the pilots in June.

The Delta agreement said pay rates will exceed United and American salaries by at least 1% over the course of the agreement, which still needs union and pilot approval.