Southwest Airlines pilot pay would increase 50% under new labor contract
Publishing timestamp: 2023-12-20 13:55:54
Summary
Southwest Airlines and its pilots' union have reached a tentative agreement for a new labor contract. The deal includes 50% cumulative pay increases over the life of the contract, worth about $12 billion. This agreement could end years of tense negotiations and make Southwest the last major airline to reach a deal with its pilots. The contract still needs to be approved by the pilots.
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Source: https://www.cnbc.com/2023/12/19/southwest-airlines-pilots-union-reach-labor-deal.html