Southwest Airlines' Labor Contract With Simulator Technicians Ratified [Yahoo! Finance]
Southwest Airlines Company (LUV)
Last southwest airlines company earnings: 4/28 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.southwest.com
Company Research
Source: Yahoo! Finance
LUV received encouraging tidings on the labor front when the airline announced that its Flight Simulator Technicians, represented by the International Brotherhood of Teamsters Local 19, voted in favor of their new contract. Following the ratification, the airline's Flight Simulator Technicians will be eligible for higher pay. Apart from the introduction of a new Simulation Engineer classification, the ratified contract offers maternity and parental leave for eligible employees. This contract will be amendable in September 2028. The airline employs more than 50 Flight Simulator Technicians who maintain and support the company's flight training equipment. With this result, the airline has finalized all of its labor contracts. Since October 2022, each of the 12 union-represented workgroups, representing about 83% of Southwest Employees, has ratified new contracts. As U.S. airlines grapple with the labor shortage, the bargaining power of various labor groups has risen due to a robus
Show less
Read more
Impact Snapshot
Event Time:
LUV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LUV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LUV alerts
High impacting Southwest Airlines Company news events
Weekly update
A roundup of the hottest topics
LUV
News
- Delta Delivers Strong On-Time Performance in August, OAG Data Reveals [Yahoo! Finance Canada]Yahoo! Finance Canada
- Why Southwest's Stock Underperformed By 50% [Forbes]Forbes
- Southwest Airlines Co. 2024 Investor Day [Yahoo! Finance]Yahoo! Finance
- Southwest Airlines Co. 2024 Investor DayPR Newswire
- AM Best Assigns Credit Ratings to Triple Crown Assurance Co. [Yahoo! Finance]Yahoo! Finance
LUV
Earnings
- 7/25/24 - Beat
LUV
Sec Filings
- 9/10/24 - Form DFAN14A
- 9/10/24 - Form DEFA14A
- 9/10/24 - Form DEFA14A
- LUV's page on the SEC website