- American Airlines and pilots union close to reaching new contract agreement after weeks of negotiations.
- Aviators with the Allied Pilots Association overwhelmingly voted to support a strike on Monday.
- Strike is a last resort in labor disputes and requires a lengthy process with the union and company.
- Three of the nation’s four largest airlines are in contract talks with pilots seeking major improvements.
- American Airlines' pending contract would represent an increased $8 billion in spending over its term.
Bloomberg — Business — Airline Contracts — Industries — Equality — Labor
American Airlines, Pilots Union Close to Reaching New Contract Agreement
American Airlines and its pilots union are close to a new deal, after weeks of negotiations. Pilots overwhelmingly voted to support a strike. Three of the nation’s four largest airlines are in contract talks.