Strong profit to boost wage hikes: American
Flight attendants to get 4 percentage points more on top of raises averaging 10 per cent
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AMERICAN Airlines Group Inc said on Tuesday that it plans to pay flight attendants an additional four percentage points on top of raises already averaging 10 per cent, thanks to profits that have strengthened as oil prices have collapsed.
In a letter to employees, chief executive officer Doug Parker said "very strong" results for 2014 would allow the carrier to lock in substantial wage hikes for the flight attendants. Other work groups would also see improvements in their raises - once their respective contracts are ratified.
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