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American Airlines offers pilots nearly 17% raises in new contract proposal

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Pilots talk as they look at the tail of an American Airlines aircraft.
Mike Stone | Reuters

American Airlines CEO Robert Isom on Thursday said the carrier has offered its pilots pay raises totaling nearly 17% under a new contract, according to an internal video seen by CNBC.

The latest proposal to the pilots’ union, the Allied Pilots Association, comes less than a week after rival United Airlines and its pilots’ union reached a tentative agreement that includes more than 14% in total raises over the next 18 months. That deal faces a vote by United’s pilots that ends in mid-July.

This is breaking news. Check back for updates.

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