American Airlines Seek Quick, Short-Term Pilots Contract With ‘Super Negotiations’
(Bloomberg) -- American Airlines Group Inc. and its pilots will seek to reach a short-term contract agreement through a “super negotiations” strategy of accelerated talks starting this month.
The two sides will meet five days a week for one month starting Jan. 17, the Allied Pilots Association union told its members. The negotiations will focus on scheduling and compensation in hopes of quickly reaching a contract of two years or less duration, Dennis Tajer, a union spokesman, said Friday.
“Post-pandemic, this is the best thing to do,” he said. “Time is your enemy, particularly in negotiations.”
American on Friday confirmed the decision to accelerate talks, saying its negotiating team will work full-time toward a contract.
“We have made meaningful progress recently and are discussing proposals that would deliver pay raises, enhanced profit sharing and benefits, and significant quality of life improvements to the pilots of American Airlines,” the carrier said in a note to pilots last month.
The new negotiating strategy is being used, in part, because compensation for American pilots lags that of competitors, the union said. The organization also hopes to reach agreement on new rules for work scheduling.
Airline union contracts don't expire under the Railway Labor Act, a federal law governing labor management relations. Instead they have an “amendable date,” and the current agreement remains in effect until a replacement is negotiated and approved by union members. The law is designed to avoid interruption of airline service except in rare cases when strikes are permitted.
American and APA began talks in January 2019, a year ahead of their contract's amendable date, and have been in negotiations off and on for three years.
©2022 Bloomberg L.P.
-
India's Troika Of Good Luck | Joining The Dots
A weaker Trump, a cooling AI trade and resilient earnings have put Indian markets back in favour. Rising inflation could spoil the party.
-
Talking Points This Week: Leadership Shock At Nvidia, Earnings Strength, And The Fog Over Hormuz
The Anthropic IPO pricing and first trading day, Nvidia's upcoming earnings, and any fresh signals from Iran will set the tone for the following week.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.