Agreement between Southwest Airlines and Pilots Association heads to membership ratification vote

Tags :Government & Regulation, Southwest Airlines, Southwest Airlines


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 31-Aug-2011. The current Southwest Pilot contract became amendable on 31-Aug-2006. SWAPA and Southwest Airlines began contract negotiations in Sep-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.

(c) Centre for Asia Pacific Aviation. Date posted: 18-Sep-09

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