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Southwest Airways Nears New Pilot Deal Forward of the Holidays



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Nothing like a brand new pilot deal for the vacations.

Southwest Airways and its pilots’ union had been nearing a brand new labor deal forward of the vacation season, an individual conversant in the negotiations mentioned on Friday.


Shares of the service had been up 3.4% in afternoon commerce.

The settlement might take a few weeks to type out among the excellent points, the individual mentioned with out offering any particulars on the phrases of the deal.

Southwest in an emailed assertion to Reuters mentioned, “Each negotiating groups are working arduous to shut out the few remaining gadgets.” The corporate stays dedicated to reaching a deal that rewards its pilots and locations them competitively within the business, it added.


North American pilots and flight attendants have been pushing for higher pay and dealing circumstances throughout their talks over new job contracts with the corporate administration.

The service in October had reached a tentative settlement with the Transport Employees Union Native 556, representing almost 19,000 flight attendants.

Earlier this yr, main carriers American Airways, Delta, and United Airways efficiently reached agreements with their respective pilot unions.


CNBC first reported that Southwest was nearing a brand new contract with the union.

(Reporting by Pratyush Thakur in Bengaluru and Rajesh Kumar Singh in Chicago; Enhancing by Krishna Chandra Eluri and Arun Koyyur)

This text was from Reuters and was legally licensed via the DiveMarketplace by Trade Dive. Please direct all licensing inquiries to [email protected].

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