United Airlines mechanics ratify new contract

[Eugene]

Source: Reuters

AEROSPACE & DEFENSE | Mon Dec 5, 2016 | 2:24pm EST

United Airlines mechanics ratify new contract

Union mechanics at United Airlines (UAL.N) on Monday ratified a six-year joint collective bargaining agreement with the airline, marking the end to several years of contract talks between the two parties.

The agreement, approved by United mechanics who are represented by the International Brotherhood of Teamsters, is a major step toward integrating United and Continental, which merged in 2010, and reducing flight cancellations.

Under the contract, 9,000 mechanics at United, the No. 3 U.S. airline by passenger traffic, will see pay hikes that will put their compensation packages "2 percent above the highest compensation in the industry every two years."

"This contract represents the largest contract for a mechanics group in airline industry history," the director of the Teamsters airline division, David Bourne, said in a statement. "It is a package worth a collective $1.7 billion in improvements in compensation and benefits over the current agreement."

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Read more: http://www.reuters.com/article/us-ual-workers-contract-idUSKBN13U2F9?il=0

[kimbutgar]

1. Yeh! '

My husband is in the United mechanic union, we know he will have a job for the next six years. That way I can save money and sell assets if we have to leave the country.