American Airlines' Five-Year Contract With Flight Attendants Ratified [Yahoo! Finance]
C.H. Robinson Worldwide, Inc. (CHRW)
Last c.h. robinson worldwide, inc. earnings: 4/28 04:15 pm
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Source: Yahoo! Finance
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 American Airlines flight attendants, delivering immediate wage increases of up to 20.5% and substantial retroactive pay to compensate for the time spent negotiating. APFA National President Julie Hedrick said, “Among the many improvements, the contract includes a new sit rig for compensation for long sits between flights, and American Airlines Flight Attendants become the first unionized workgroup to lock in pay for boarding.” In addition to offering industry-leading pay rate
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CHRW
Earnings
- 7/31/24 - Beat
CHRW
Sec Filings
- 8/29/24 - Form 4
- 8/27/24 - Form 144
- 8/20/24 - Form 4
- CHRW's page on the SEC website