July 21 (Reuters) – A union representing over 11,000 mechanics and other employees at United Airlines secured an in-principle agreement for a new contract following two years of bargaining, it said on Tuesday.
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• The new contract agreed by the Teamsters United Airlines union will provide a $5,000 signing-on bonus per member, totaling $54 million.
• The union said it “fully recommends ratification of this agreement.”
• The contract promises “industry-leading wage increases” and brings down “wage progression to top-of-scale pay” to five years, from the current eight-year period.
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• Union members will have the opportunity to review the full contract and vote for ratification once the details and language of the contract are finalised.
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(Reporting by Nandan Mandayam in Bengaluru; Editing by Shailesh Kuber)
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