BA reaches pay settlement with staff
International Consolidated Airlines Group SA (CDI)
239.20p
16:38 14/11/24
British Airways staff clinched an average 13% pay rise to help offset the cost-of-living crisis and the pay cuts suffered during the pandemic.
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Under the terms of the agreement reached between Unite and the airline, workers were set to receive a lump sum equal to 5% of their wages in August, followed by a consolidated 5% increase in September and another 3% in December.
Unite general secretary, Sharon Graham, said: "By standing strong with Unite, our members have compelled BA to table a pay rise that goes toward compensating for the pay cuts suffered during the pandemic.
"There is still some way to go for workers at BA to trust this company again, given the hostile manner in which they conducted themselves during the pandemic. Once again, Unite’s focus on improving jobs, pay and conditions has delivered for our members."
Graham nevertheless added that BA still had "a long way to go to restore the trust and confidence."
As of 1101 BST, shares of BA owner, IAG, were trading higher by 1.03% to 121.82p.