Transportation
Southwest Airlines, Pilots Reach Preliminary Contract Deal
- Early accord valued at $12 billion over five years, union says
- Union board to vote on preliminary agreement Wednesday
This article is for subscribers only.
Southwest Airlines Co. and its pilots’ union have reached an agreement in principle for a new five-year contract with a cost of about $12 billion.
The accord will be sent Wednesday to the Southwest Airlines Pilots Association board, which will vote on whether it should be forwarded to members for a vote, the union said. The two sides had been working recently to finalize a schedule to implement all the changes in the contract, which was totally rewritten.