Black Friday Sale! 50% Off All Access

First Major Airline Strikes a Deal With Pilots Union United Airlines has come to an agreement with its pilots' labor union on new contract terms, setting an example for the rest of the industry.

By Madeline Garfinkle Edited by Jessica Thomas

Opinions expressed by Entrepreneur contributors are their own.

United Airlines is the first of the major carriers to strike a deal with pilot labor unions since the start of the pandemic, which upended travel and left the flight industry grappling with new challenges.

Pilot unions have formed in increasing numbers over the past year, negotiating for better terms when it comes to taxing schedules and compensation. The deal with United could mark the beginning of more settlements between pilot unions and major airlines like Delta and Southwest, which are still in the negotiation phase.

Although it's a big win for pilot unions, it comes as no surprise that United was the first to step up. United has historically maintained an amicable relationship with its pilot union, and it made early deals during the pandemic to keep pilots on staff.

Related: United and Spirit Airlines Increase Pay for Pilots and Flight Attendants to Offset Labor Shortages

"United Airlines was the only airline to work with our pilots union to reach an agreement during COVID," CEO Scott Kirby shared in a LinkedIn post. "It's not surprising that we are now the first airline to get an Agreement in Principle for an industry leading new pilot contract."

The Air Line Pilots Association and United have not yet divulged the exact agreement terms, but they will likely include better pay and other improved working conditions.

As of 9 a.m. on Friday, United shares were up 2.4% at $42.50.

Related: Southwest Pilots' Union Sues Airline Over COVID-19 Response

Madeline Garfinkle

News Writer

Madeline Garfinkle is a News Writer at Entrepreneur.com. She is a graduate from Syracuse University, and received an MFA from Columbia University. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Living

These Are the 'Wealthiest and Safest' Places to Retire in the U.S. None of Them Are in Florida — and 2 States Swept the List.

More than 338,000 U.S. residents retired to a new home in 2023 — a 44% increase year over year.

Business News

These Are the Highest Paying Jobs Available Without a College Degree, According to a New Report

The median salaries for these positions go up to $102,420 per year.

Business News

Is Reddit Down Again? Tens of Thousands of Users Are Reporting Issues With the Platform.

A Reddit outage has been occurring off-and-on for two days.

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Business News

DOGE Leaders Elon Musk and Vivek Ramaswamy Say Mandating In-Person Work Would Make 'a Wave' of Federal Employees Quit

The two published an op-ed outlining their goals for their new department, including workforce reductions.

Starting a Business

This Sommelier's 'Laughable' Idea Is Disrupting the $385 Billion Wine Industry

Kristin Olszewski, founder of Nomadica, is bringing premium wine to aluminum cans, and major retailers are taking note.