Alaska Airlines reaches tentative labor deal with flight attendants [Yahoo! Finance Canada]
Southwest Airlines Company (LUV)
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Source: Yahoo! Finance Canada
Terms of the deal have not been released, though the union called it a “record contract.” The deal likely contains a significant pay raise, which has been a common demand across the airline industry and sought by unions whose members in some cases have not seen a pay increase in years. In April, the union announced to members it was seeking pay raises of between 43% to 56%, depending upon seniority, through 2026. Those pay raises would include back pay covering a period dating back a year and a half that they've worked under the terms of the previous contract. ADVERTISEMENT “Your actions over the last two years of bargaining … ensured we had the leverage to extract every last dollar from Alaska Airlines management,” the union said Friday in a statement to its members. Alaska Airlines said it was pleased to have reached an agreement and thanked union negotiators. “With our combined efforts, we've been able to reach an agreement that provides quality of life and continued c
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