Southwest Airlines (LUV) Announces Pilots To Vote on New Contract Agreement

September 22, 2016 11:06 AM EDT

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

Southwest Airlines Co. (NYSE: LUV) today announced that the Southwest Airlines Pilots' Association (SWAPA) Board of Directors will be presenting the recently-announced contract agreement to Southwest Pilots for a vote.

"We value our Pilots and the role they play in our success," said Vice President Flight Operations, Alan Kasher. "The tentative agreement acknowledges their contributions, so I'm pleased that they will have an opportunity to vote on it."

Over the next few weeks, Union leaders will share the terms of the agreement with the Pilot group as well as information about the voting process. If approved, the new contract will become amendable August 31, 2020.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Management Comments

Add Your Comment