American Airlines Pilots Ratify New Contract

The four-year agreement includes a pay raise of 40 percent over the next four years.

Meg Godlewski

Monday, August 28, 2023 at 11:24 AM ET

Verified

The four-year agreement includes a pay raise of 40 percent over the next four years. [Credit: Shutterstock]

Key Takeaways:

American Airlines pilots, represented by the Allied Pilots Association (APA), have ratified a new four-year contract.
The agreement includes a 40 percent pay raise over the next four years, providing more than $9 billion in compensation and benefits to American's 15,000 pilots.
The airline expects the contract to help expand pilot training capacity, support underutilized aircraft, and offer pilots more career opportunities.

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American Airlines (NASDAQ: AAL) pilots will soon be bringing home more money as their new contract with the carrier has been ratified.

On August 21 the pilots, represented by the Allied Pilots Association (APA), accepted a new four-year agreement that includes a pay raise of 40 percent over the next four years. According to the airline, the contract “will deliver more than $9 billion of compensation and quality-of-life benefits to American’s 15,000 pilots.”