American Airlines Could Avoid Pilot Strike

Pilots have approved a strike authorization vote, indicating dissatisfaction with the pace of contract negotiations. Despite this, a strike is unlikely soon due to lengthy legal processes. Multiple airlines are in contract talks, with negotiations having started before the pandemic. Airlines are experiencing high revenues, allowing them to potentially pass increased contract costs to consumers. The concept of pattern bargaining is prevalent, where unions aim to better agreements reached by others, as seen with Delta, American, United, and Southwest.

What financial implications do the new contracts have for American Airlines?

What is 'pattern bargaining' and how does it affect pilot unions?