The Financial Times has reported that British Airways and the British Airline Pilots Association (BALPA) have agreed a new pay deal for BA pilots at the conciliation service ACAS.
This follows an overwhelming rejection of previous pay offers and two days of industrial action by BA pilots in September of this year.
According to the FT, the new deal includes an improved pay offer and improvements to pilot working conditions on matters such as rostering.
As is expected, BA will also reinstate staff travel concessions removed from BA pilots who took part in industrial action.
However, there does not appear to have been any significant movement on one of the most contentious issues in the dispute which was profit sharing. One of the key reasons for the rejection of previous offers was that BA pilots wanted a much improved pay offer with more significant profit sharing following the dramatic improvement in BA’s financial profitability over the past ten years.
The new deal will be subject to a ballot of BALPA members which a recommendation from BALPA that it should be accepted. This normally takes about four weeks, so the outcome of the result should be known before Christmas. Whether it will be accepted by BA pilots will only be known when the result is announced. However, this does remove the prospect of any further industrial action in the short term.