American Airlines and TWU-IAM Association reach interim agreement on pay increases

American Airlines (AAL) and the TWU-IAM Association announced they have reached an interim agreement to provide significant pay increases to the 30,000 maintenance, fleet service and other related employees represented by the TWU-IAM Association. The pay increases will go into place immediately while the negotiating committees continue working toward a joint collective bargaining agreement for the represented groups. The TWU-IAM Association is an alliance between the Transport Workers Union (TWU) and the International Association of Machinists and Aerospace Workers (IAM). The interim agreement provides average pay increases ranging from 15% to 36% for maintenance and related employees, 24% for fleet service employees, 31% for tower planners and 55% for weight and balance planners. These increases now give employees in each of these groups the highest hourly wage rates amongst their peers at other network carriers.