United Continental Holdings Inc., seeking labor peace five years after the airline’s creation in a merger, is offering pilots a raise in a proposed contract that would put them at or near the top of the U.S. industry’s pay scale, two people briefed on the plan said.
The tentative deal calls for a 13 percent increase in 2016, followed by annual boosts of 3 percent and 2 percent, said the people, who asked not to be identified because the negotiations aren’t public. United announced the “agreement in principle” on a two-year extension with the Air Line Pilots Association on Nov. 20 without giving specifics.
