American Airlines Employees Get Surprise Additional Raise
American Airlines has a holiday present for its employees: an additional raise in pay.
The Fort Worth-based airline said it will raise salaries by 4% for any unions that reach post-merger labor contracts in addition to raising non-union pay by the same percentage.
“Taking this step just one year into our integration speaks volumes about just how well American is performing,” said Doug Parker, the airline’s CEO, in a memo sent to all employees. “We had been intending to make this announcement in late January, when we announce our 2014 results. But since we already know this year’s results will be very strong, we decided instead to get the news out now.”
Last week, the airline agreed to give its flight attendants a 10% pay increase and other benefits that were part of the tentative agreement on a new joint collective bargaining agreement that union members had voted down.
“We are one year into merger integration, and we are performing very well. In fact, we are exceeding many expectations,” the memo read.
(Photo: Accura Media Group)