Reuters
UPDATE - Southwest Air flight attendants approve contract
Friday July 30, 4:36 pm ET
DALLAS, July 30 (Reuters) - Flight attendants at Southwest Airlines
voted to approve a new contract that would increase pay by an average of
31 percent over the course of the six-year deal, the union said on
Friday.
Southwest Airlines and the Transport Workers Union Local 556 ended more
than two years of talks and announced they had struck a tentative deal
last month. Almost 83 percent of the votes cast were in favor of the
deal, the union said on its Web site.
The deal between Southwest and the union is from 2002 through 2008 and
will provide pay increases of between 22 percent to 126 percent over the
course of the contract, the union said.
It also provides changes in work rules that the union bills as "industry
leading," as well as provide pay protection provisions and stock options
for flight attendants. The stock options are new for the labor group.
The union represents about 7,400 flight attendants. It was the last
major labor group at Southwest without a new contract. The main
stumbling block in the talks had been wages.
UPDATE - Southwest Air flight attendants approve contract
Friday July 30, 4:36 pm ET
DALLAS, July 30 (Reuters) - Flight attendants at Southwest Airlines
voted to approve a new contract that would increase pay by an average of
31 percent over the course of the six-year deal, the union said on
Friday.
Southwest Airlines and the Transport Workers Union Local 556 ended more
than two years of talks and announced they had struck a tentative deal
last month. Almost 83 percent of the votes cast were in favor of the
deal, the union said on its Web site.
The deal between Southwest and the union is from 2002 through 2008 and
will provide pay increases of between 22 percent to 126 percent over the
course of the contract, the union said.
It also provides changes in work rules that the union bills as "industry
leading," as well as provide pay protection provisions and stock options
for flight attendants. The stock options are new for the labor group.
The union represents about 7,400 flight attendants. It was the last
major labor group at Southwest without a new contract. The main
stumbling block in the talks had been wages.