United Airlines, pilots’ union to renegotiate contract after last deal faced opposition

United Airlines, pilots’ union to renegotiate contract after last deal faced opposition


United Airlines and its pilots’ union are going back to the negotiating table for a new contract, a setback for the carrier after it was the first to reach a tentative agreement since the pandemic started.

The United branch of the Air Line Pilots Association acknowledged Wednesday that the current agreement “fell short” of some pilots’ expectations.

The tentative agreement, which included 14% raises within 18 months, was first unveiled on June 24. Voting by rank-and-file pilots was set to close this Friday.

“Management has agreed to re-engage in discussions to remove objectionable items and work with us to reach a new, improved agreement,” said Capt. Mike Hamilton, chair of the United Master Executive Council, part of ALPA.

The delay could make waves at other airlines and their pilots’ unions, which will often compare contracts from other carriers. American Airlines, Delta Air Lines and Southwest Airlines are among the U.S. carriers currently in contract talks with pilot unions.

The vote could be delayed up to three months to continue talks, and the union will poll its members on how to improve the agreement, it said.

United didn’t immediately comment.



Source

Lunar New Year gives luxury brands a chance to win back big spenders in China
Business

Lunar New Year gives luxury brands a chance to win back big spenders in China

Luxury brands from Harry Winston to Loewe are going all in on Lunar New Year collections in a bid to attract Chinese customers. Ahead of the Year of the Horse, which starts on Tuesday, Harry Winston unveiled a limited-edition, $81,500 rose gold watch with diamond bezels and a red lacquer horse. High-end fashion brand Chloé […]

Read More
AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
Business

AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says

Mesh Cube | Istock | Getty Images The stock market has been quick to punish software firms and other perceived losers from the artificial intelligence boom in recent weeks, but credit markets are likely to be the next place where AI disruption risk shows up, according to UBS analyst Matthew Mish. Tens of billions of […]

Read More
How packaging and logistics companies are automating their warehouses
Business

How packaging and logistics companies are automating their warehouses

DHL Autonomous Robot at work. Source: DHL Workers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses. Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management […]

Read More