American Airlines' pilots union on Thursday said it has reached an agreement in principle with the company on enhancements to a new labor contract that would bring it in line with the gains for aviators at rival United Airlines .
The American Airlines revised deal also provides pilots full back pay for this year.
In line with United's deal, pay increases for American Airlines' pilots will now take place on January 1 instead of May 2 as provided in the original deal. The APA said the revised agreement needs an approval from its board, after which it would be sent for a ratification vote. A union spokesperson said the board would meet on Aug. 2-3 to review the deal.Jefferies analysts estimate the United States is short about 10,000 pilots, with the supply-demand gap projected to last until 2027.in May, the union argued its proposed pay rates as well as some quality-of-life items in the agreement paled in comparison with those in United's preliminary deal.
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