© Reuters. FILE PHOTO: A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren/File Photo
(Reuters) – United Airlines Holdings (NASDAQ:) Inc technicians ratified a two-year contract with the carrier that includes 16% to 23% wage increases, their union said on Monday.
International Brotherhood of Teamsters, representing around 8,200 United Airlines technicians said the two-year contract would provide for improved job security by adding five heavy maintenance lines in-house.
The agreement, which will be in effect until December 2024, comes at a time when airlines are coming up with attractive pay offers to retain workforce and add staff after a faster-than-expected rebound in the U.S. travel market.
It includes a one-year early opener that allows for bargaining on a successor agreement to begin in December 2023.
United Airlines did not immediately respond to a Reuters request for comment.
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