United Airlines agrees to historic deal with pilots, raising pay up to 40% over 4 years
- United Airlines reached a tentative agreement with its pilots union valued at $10 billion over 4 years.
- The deal includes pay raises between 34.5% and 40.2% as well as improvements in retirement, job security, scheduling, and other benefits.
- The agreement aims to make United pilot compensation comparable to Delta Air Lines and ends over 4 years of negotiations.
- The deal reflects strengthening pilot union leverage as travel rebounds and pilot shortages persist in the airline industry.
- The agreement still needs to be ratified by the approximately 16,000 pilots represented by the union.