Tentative Agreement Between Southwest Airlines and Its Pilots Association Heads to Membership for Ratification Vote
September 17 2009 - 5:15PM
PR Newswire (US)
DALLAS, Sept. 17 /PRNewswire-FirstCall/ -- Southwest Airlines and
the Southwest Airlines Pilot's Association (SWAPA) announced today
the SWAPA Board of Directors has voted to send the proposed
tentative agreement to the full SWAPA membership for a ratification
vote. This new proposal is a five-year agreement through Aug. 31,
2011. The current Southwest Pilot contract became amendable on Aug.
31, 2006. SWAPA and Southwest Airlines began contract negotiations
in September 2006. "I applaud the negotiation teams and the SWAPA
Board for recognizing the importance of this new tentative
agreement," said Gary Kelly, Southwest Airlines Chairman,
President, and CEO. "Although this new proposal was negotiated
during a very different and consistently challenging economic
period than the previous tentative agreement, we are proud that we
could still offer our hard working Pilots a proposal that is
responsible, yet reflects the current uncertain economic outlook."
The current tentative agreement rewards SWAPA membership for the
Company's past two years of profitability, while making a critical
move to tie the next two years' compensation to the Company's
financial performance. The tentative agreement is still subject to
a ratification vote by the full SWAPA membership made up of more
than 5,900 Pilots. The voting period will be determined by SWAPA.
After 38 years of service, Southwest Airlines, the nation's leading
low-fare carrier, continues to stand above other airlines -
offering a reliable product with exemplary Customer Service. At
Southwest Airlines, bags fly free. Customers can check their first
two bags at no extra charge (size and weight limits apply).
Southwest is the most productive airline in the sky and offers
Customers a comfortable traveling experience with all premium
leather seats and plenty of legroom. Southwest Airlines (NYSE:LUV),
the nation's largest carrier in terms of domestic passengers
enplaned, currently serves 67 cities (adding Milwaukee Nov. 1,
2009) in 34 states. Based in Dallas, Southwest currently operates
more than 3,200 flights a day and has nearly 35,000 Employees
systemwide. http://www.southwest.com/
http://www.newscom.com/cgi-bin/prnh/20040715/DATH028-a
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http://photoarchive.ap.org/ DATASOURCE: Southwest Airlines CONTACT:
Media, Southwest Airlines, +1-214-792-4847 Web Site:
http://www.southwest.com/
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