American Airlines pilots ratify new contract with immediate 21% pay raise and total 46% compensation increase over four years

American Airlines pilots have voted to approve a new four-year contract.
The contract includes an immediate pay raise of 21% on average.
Total compensation is expected to increase 46% by the end of the contract in 2027.
The deal also contains improvements to scheduling, benefits, training, and retirement contributions.
The contract reflects the increased bargaining power of pilots due to the recovery in air travel demand and ongoing pilot shortage.