American Airlines pilots secure new $9 billion contract to keep pace with United

American Airlines pilots have secured a new deal following United Airlines' pilot contract.

pilots union has landed a new $9 billion contract after United Airlines pilots secured a deal that set new industry standards for pay and other benefits.

The new deal matches pay increases at United and includes a ratification bonus, among other benefits like extended sick bank, increased life insurance and a medical privacy clause. The future wage increases were also pushed to take effect every January 1, matching its competitor. Chicago-based United AirlinesThe revised deal adds about $1 billion in costs for American over the four-year contract.

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