I have a very reliable source who tells me the new deal includes:
Significant pay raises across the board with cost of living raises each year. Raise for each level is said to be between $4 and $6 per hour (TFP).
Top out reduced from 16 years to 13 years.
Pilot's duty rigs were achieved almost to the letter without extending the duty day (remains 10.5 hours).
Productivity pay program rewarding those who fly heavy schedules.
AM/PM Reserve system.
1600 stock options w/ immediate vesting.
$2.15 Per Diem with a "me too" clause with the Pilots (if Pilots negotiate a higher Per Diem, we get it too)
Full Retro - meaning that 100% of the difference in pay from the ammedable date, June 1, 2002 to the ratification date will be paid including 401K match and Per Diem. FA's who worked a regular to heavy schedule between June 1, 2002 and the ratification date can see retro checks ranging from $5,000-$10,000, and possibly more.
Pay for initial training.
Contract maintains unlimited trip trading abilities.
I think an earlier poster said that it was a "sweet" deal. I think that's an understatement.
I hope when we get to see the whole deal it lives up to the highlight reel. My very reliable source tells me that there are basically no concessions, huge improvements in work rules and quality of life issues, and the money ain't nothin to sneeze at. Thanks to those who have encouraged us and given us words of support during this really tough time.
SWA FA's have remained friendly and done a great job this entire time, but during my travels today, I saw more genuine smiles from our FA's than I've seen in a very long time. What a great accomplishment.
Thank you Herb and Colleen for listening to us, respecting us, and responding to our needs. I think the goals for both sides were met. We're going to make you proud.