United seeks deal with pilots

United Continental Holdings, seeking labor peace five years after the airline’s creation in a merger, is offering pilots a raise in a proposed contract that would put them at or near the top of the U.S. industry’s pay scale.

The tentative deal calls for a 13 percent increase in 2016, followed by annual boosts of 3 percent and 2 percent. United announced the “agreement in principle” on a two-year extension with the Air Line Pilots Association on Nov. 20 without giving specifics.

Union leaders need to vet the proposal before sending it to a ratification vote among more than 12,000 United pilots. If approved, it would run through January 2019.

United spokeswoman Megan McCarthy declined to comment on the labor proposal.

Bloomberg News

This story was originally published November 25, 2015 at 12:10 PM with the headline "United seeks deal with pilots."