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Southwest Airlines (LUV), FMT Enter Agreement in Principle Over New Contract

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Southwest Airlines And Facilities Maintenance Technicians Reach Agreement In Principle

September 1, 2016 7:04 PM EDT

DALLAS, Sept. 1, 2016 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) announced today that negotiators have reached an Agreement in Principle for the Company's Facilities Maintenance Technicians. Terms of the five-year deal include a complete set of work rules, a wage scale, and a ratification bonus. If ratified, the agreement would become the group's first contract since being accreted into the Aircraft Mechanics Fraternal Association (AMFA). 

"We appreciate our Facilities Maintenance Technicians and their... More