Icelandair and FÍA, the Icelandic pilots’ union, have signed a collective bargaining agreement that is valid until December 31, 2019, Vísir reports. The contract will now be presented to FÍA members as a whole, who will vote on the agreement.
This news was announced in a statement made to the NASDAQ Global Newswire over the weekend. "For this round of negotiations, both parties used different approach than from before,” wrote Icelandair CEO Björgólfur Jóhannsson. “The goal was to secure competitive wages for our pilots in an international comparison, while strengthening the competitiveness of the Company.”
"Pilots are fully aware that the competitive conditions of the Company are ever-changing,” wrote FÍA chairman Örnólfur Jónsson. “During the last few years, demand for the services of pilots has increased.”
Both parties noted that the agreement signified a collaboration and cooperation between the company and the union. “We believe it’s a new beginning of a common path of Icelandair and FIA,” said Örnólfur.