The union representing pilots at express delivery titan UPS said Friday its members have overwhelmingly ratified a two-year contract extension.
UPS Airlines (NYSE: UPS) pilots approved the agreement with 91% voting in favor and with 97% participation in the balloting, the Independent Pilots Association said. The new agreement extends the terms of the pilot contract until Sept. 1, 2025.
The short-term extension provides enhanced wage increases and retirement benefits, according to UPS and the IPA.
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