Previous Close | 0.6200 |
Open | 0.6200 |
Bid | 0.6400 |
Ask | 0.7000 |
Strike | 22.00 |
Expire Date | 2026-12-18 |
Day's Range | 0.6200 - 0.6200 |
Contract Range | N/A |
Volume | |
Open Interest | 1.04k |
Flight attendants at American Airlines voted Thursday to ratify a new contract, ending a long dispute that got the attention of President Joe Biden after the cabin crews threatened to go on strike. The Association of Professional Flight Attendants said that the five-year contract includes pay increases of up to 20.5% on Oct. 1 and annual raises of 2.75%, 3%, 3%, and 3.5% after that. For the first time, American's flight attendants will also be paid for the time that passengers are boarding planes.
With 95% of eligible flight attendants voting, 87% were in favor of the new deal, the union said. Flight attendants have also urged an end to the industry practice of not compensating crew for the time spent during boarding and waiting at the airport before and between flights. "Among the many improvements, the contract includes a new sit rig for compensation for long sits between flights, and American Airlines Flight Attendants become the first unionized workgroup to lock in pay for boarding," APFA National President Julie Hedrick said.
NORTHAMPTON, MA / ACCESSWIRE / September 12, 2024 / American Airlines Originally published in American Airlines' 2023 Sustainability Report Voluntary Carbon Markets Aviation is regarded as one of the sectors that is hardest to abate in terms of climate ...