American Airlines boosts pilot contract offer by $1 billion after United deal

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American Airlines boosts pilot contract offer by $1 billion after United deal
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American Airlines CEO Robert Isom said the airline will match pay rates at rivals.

American's pilots were scheduled to start voting on the current deal on Monday. The new offer includes 21% pay bonuses and pay on par with United and Delta, the Allied Pilots Association, their union, said Friday.

Captain Ed Sicher, the union president, said its leadership will weigh "whether management's comprehensive proposal is worthy of a membership vote." Isom said that the company will return to negotiations if changes aren't approved in time for the vote. "We'll return to the bargaining table and do what's necessary to get to a deal. It just won't be done quickly," Isom said. "We run a complex business and any changes to what we agreed to — even small ones — may have a profound impact. Reconsideration of all of these items would take time."

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