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American Airline Union Votes Down Pay Proposal

The union that represents American Airlines (NASDAQ:AAL) flight attendants on Wednesday rejected a company proposal to immediately raise pay by 17%.

CEO Robert Isom offered flight attendants immediate 17% wage increases earlier Wednesday as contract talks continue without a deal, bringing the prospect of a strike closer.

The airline and the Association of Professional Flight Attendants have struggled to reach a new contract agreement, differing on major issues, such as pay. Flight attendants haven’t received contract raises since before the pandemic.

“We have made progress in a number of key areas, but there is still a good deal of work to be done,” Isom said in a video message to flight attendants.

The union said the two sides are scheduled to meet with federal mediators next week for a “last-ditch” effort to get a deal done, adding that flight attendants were told to prepare for a strike.

Strikes are extremely rare among airline employees. The last took place in 2010 among Spirit Airlines pilots. If the two parties can’t reach a deal, a release by federal mediators would be triggered, a process that would take several weeks.

AAL shares barely moved mid-morning Thursday, dipping three cents to $11.59.