logo
Plus   Neg
Share
Email
Comment

Southwest Airlines, Machinists And Aerospace Workers Reach Tentative Agreement

Southwest Airlines (LUV) and the International Association of Machinists and Aerospace Workers, representing the carrier's about 6,000 customer service agents and customer support and services representatives, Wednesday announced a tentative agreement for a new four year contract that requires membership ratification. The current contract became amendable in October 2012.

"I applaud the efforts of both parties in reaching a tentative agreement that incorporates rewards and incentives for our hard-working Customer Service Agents and Customer Representatives, while remaining mindful of Southwest's low cost structure and longterm success," said Mike Van de Ven, Southwest Airlines chief operating officer. "Reaching mutually beneficial contracts for Southwest and our People remain a top priority for us, and I'm hopeful that this tentative agreement is the first of several to come in the near future."

In the upcoming weeks, the International Association of Machinists and Aerospace Workers membership will be given the full details of the agreement. and have the opportunity to vote on ratification.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
BlackRock Inc., the world's largest asset manager, said it plans to speak with gun makers and distributors following public outcry after the Florida high school shooting that killed 17 people. BlackRock, which had $6.3 trillion in assets under management as of December 31, 2017, holds shares in gun makers Sturm Ruger & Co. Inc. as well as American Outdoor Brands Corp. An upgraded boarding in Southwest Airline will cost you more. The airline usually not assign seats to passengers, but one can choose from an open seat. The Upgraded Boarding will allow passengers to choose from A1 - A15 boarding positions. The cost for these positions would be $30, $40 and $50, depending on flight and route. This option can be availed from the ticket counter or gate. Citigroup Inc.'s co-head of mergers and acquisitions, Peter Tague, is leaving the company, according to media reports, citing people familiar with the matter. Tague has been co-head of Global M&A business at Citigroup since March 2012, alongside Cary Kochman and Mark Shafir. It was not immediately clear what Tague intends to do after he leaves Citigroup.
comments powered by Disqus
Follow RTT