The Unite union has postponed balloting British Airways cabin crew on further strikes to allow union members to consider the latest offer from the airline’s management.
BA had said it would withdraw its latest offer if the ballot took place.
“We have agreed to postpone the strike ballot to allow the offer to be consulted on,” a Unite spokeswoman told Reuters.
The new offer from BA includes two years of guaranteed rises in basic salary from February 2011 in addition to annual incremental pay increases.
BA, which has already lost 150 million pounds ($226 million) in 2010 from a series of strikes, said it welcomed the union’s decision.
“We believe our offer is fair and reasonable and provides a genuine opportunity to end this dispute,” a spokesman said.
Shares in BA closed Monday up one percent at 209.6 pence, valuing the business at 2.41 billion pounds.
