American Airlines' Five-Year Contract With Flight Attendants Ratified
AAG(AAL) ZACKS·2024-09-18 01:50
American Airlines (AAL) received encouraging tidings on the labor front when the Association of Professional Flight Attendants or APFA announced that flight attendants of the airline have ratified a new five-year contract, increasing the value of their current agreement by $4.2 billion.With 95% of eligible flight attendants casting their votes, 87% of American Airlines flight attendants voted in favor of the contract, which takes effect from Oct. 1, 2024. This contract represents a significant milestone for ...