UPS and the union that represents its pilots have reached a deal on a two-year contract extension that includes wage increases and pension improvements.
The tentative agreement is subject to a three-week ratification vote by UPS pilots, to begin next month and conclude on March 31.
The pilots' current contract ends Sept. 1, 2021 and the new agreement would extend the contract until Sept. 1, 2023.
The deal for the extension was unanimously endorsed by the five-member executive board of the Independent Pilots Association, which represents UPS’s 2,959 pilots. The union said other specifics on the deal would not be released until it presents the proposed contract to pilots.
UPS Airlines president Brendan Canavan said in a written statement: “Our pilots do a great job flying for our customers, so we’re pleased to have come to an agreement with IPA leaders to extend the existing contract.”
“Upon ratification, we will be able to continue rewarding our personnel for their contributions to UPS’s growth and business success, while ensuring we are positioned to serve our customers in the growing global air express market,” according to Canavan.
UPS has its largest air hub in Louisville, Ky.
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