Key facts
- Allegiant pilots ratified a new two-year collective agreement.
- The deal includes an immediate average hourly wage increase of approximately 40%.
- The agreement triggers about $300 million in accrued retention bonuses.
- Wage increases are expected to reach about 54% by January 2027.
- The agreement was approved by an 80% margin.
Pilots at Allegiant Travel have ratified a new two-year collective agreement, according to an announcement by the Teamsters Union. The deal, which follows years of contentious negotiations and pilot pickets, secures substantial wage increases, improved retirement benefits, and enhanced work rules.
Under the terms of the agreement, Allegiant pilots will receive an immediate average hourly wage increase of approximately 40%. This ratification also triggers the payment of about $300 million in accrued retention bonuses. By January 2027, pilots are expected to see cumulative wage increases of around 54%, alongside significant improvements in retirement benefits and overall quality of life compared to their previous contract, which was ratified in 2016.
The agreement received strong backing, with an 80% approval margin and 99% of eligible pilots participating in the ratification vote. The International Brotherhood of Teamsters, founded in 1903, represents over 1.3 million workers across the United States, Canada, and Puerto Rico.