United Airlines Inc. reached a preliminary agreement with the Air Line Pilots Association (ALPA) representing some 16,000 of the airline's pilots. The four-year deal is worth around $10 billion and includes "improvements to critical aspects such as quality of work-life, compensation, job security, work rules, retirement, benefits, and more," ALPA said.
The agreement will be finalized over the coming weeks and will be subject to ratification by the pilot group membership. "We promised our world-class pilots the industry-leading contract they deserve, and we’re pleased to have reached an agreement with ALPA on it," United Airlines CEO Scott Kirby said.