Southwest Inks $12B Contract As Pilots Take Flight With 50% Pay Rise Over 5 Years

Southwest Inks $12B Contract As Pilots Take Flight With 50% Pay Rise Over 5 Years

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In a recent development, the pilots of Southwest Airlines Co LUV have agreed to a new labor deal that will see their pay increase by approximately 50% over the next five years. What Happened: The Southwest Airlines Pilots Association, representing some 11,000 pilots, has been in negotiations with…

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