Monday, February 02, 2009

New Contract for Southwest Pilots

On Friday, January 30, Southwest Airlines and the Southwest Airlines Pilot Association (SWAPA) announced that they have reached an agreement in principle on a new, 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.

This new contract includes the following: stronger scope language as well as codeshare restrictions not previously released including no domestic codeshare, increase in pay rates including retroactive pay, increase in 401K match, improved disability program and streamlined/improved scheduling and work rule language. The Company is pleased with this tentative agreement that delivers these raises and increased retirement benefits for Southwest Pilots. This agreement once again demonstrates SWAPA's commitment to maintain Southwest's competitive position and financial strength during these challenging economic times.

The tentative agreement is still subject to finalizing language and approval by the SWAPA Board of Directors. If the SWAPA Board of Directors approves the tentative agreement, it will be presented to all members of SWAPA for review and a ratification vote.

Southwest Airlines, the nation's largest carrier in terms of domestic passengers enplaned, currently serves 64 cities (will begin service to Minneapolis/St. Paul March 8, 2009) in 32 states. Based in Dallas, Southwest currently operates more than 3,200 flights a day and has more than 35,000 Employees systemwide.

Southwest pilots and flight attendants are currently among the highest paid in the industry.

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