The International Association of Machinists and Aerospace Workers (IAM) has reached seven tentative agreements with United Airlines for its 30,000 workers. According to IAM, the five-year accords run through 2021 and call for approximately 30% in pay increases over the term of the deal and $100 million in lump sum payments. The contract also includes a 25% hike in defined-benefit pension benefits, stops outsourcing of work currently performed by IAM members and provides for insourcing of ...

Subscribe to Access this Entire Article

"United, machinists reach tentative labor agreements" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.