Delta Air Lines offers 34% raise in new contract to avoid strike

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Delta Air Lines offers 34% raise in new contract to avoid strike

Delta Air Lines has offered its pilots a substantial pay increase in a new contract to help offset increased working hours and short-staffed conditions, and avoid a potential workers' strike.

The boom in holiday-related travel was a result of the new contract, because of the fact that staffing shortages have been met with a regular spike in pandemic-related staffing shortages. Under these conditions, union workers for railroad companies flexed their own negotiating power.

These factors have boosted the bargaining power of pilots who voted to strike if a new agreement is not ratified.

Delta Air Lines wants to get ahead of any potential strike - which railroad workers threatened for months - in a new agreement that gives pilots a 34% cumulative pay increase over three years, according to a new agreement that gives pilots a 34% increase in pay over three years.

The Delta pilots will be in the position to make a decision on the deal.

If the deal is approved, the agreement could serve as a benchmark for pilots at American Airlines and United Airlines.

The agreement gives Delta pilots an immediate raise of 18% on the date the contract is signed, according to a report by Reuters. After a year, the pilots would get another 5% raise, 4% after two years, and 4% after three years.

Delta promises to pay more than that of American Airlines and United Airlines by at least 1%.

A one-time payment, valued at a cumulative 22% of their earnings between 2020 and 2022, will be paid once the deal is ratified, according to a report by Reuters.

Delta Air Lines pilots have not received a new contract since their previous agreement was amended in December 2019. There has been a lot of frustration among some workers because of the lack of improvements.

In October, workers voted to strike if negotiators didn't produce a new contract.