Members of the United Steelworkers union have approved a new collective agreement with American Airlines Group Inc. in Canada for nearly 300 members, according to a statement from the union. The new two-year agreement for USW Local 1976 union members in Toronto and Montreal who work as gate and ticket agents, ramp agents and baggage handlers includes wage increases of about 12% over a 24-month period, as well as increases to employer pension contributions, a signing bonus and improvements to benefits. “There is a crisis of employee retention in the airline sector,” said USW national director for Canada Marty Warren. “This agreement goes a long way to reward current workers for their efforts in difficult times, but to also makes improvements that we hope will allow for the better retaining and hiring of new, qualified employees.” Shares of American Airlines are up 0.3% in premarket trades.
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