IBT Negotiations Update
October 1, 2015
The company met with the IBT for the last two weeks and resolved a number of significant items in healthcare, Hours of Service, and Sick and concluded a number of letters of agreement. The company made a comprehensive proposal on Saturday, providing industry-leading pay and benefits and offering meaningful improvements in the retirement area, a substantial early-out, and a base pay increase in excess of Delta’s recent 14.5%. Unfortunately, yesterday’s announcement of a Tentative Agreement at American Airlines has reset market. As a result, both sides have agreed to reconvene in Fort Lauderdale in two weeks’ time after the company has had an opportunity to evaluate the impact on industry market rates of yesterday’s American tentative agreement.