DALLAS, Jan. 22,
2024 /PRNewswire/ -- Southwest Airlines
Co. (NYSE: LUV) announced today its Pilots, represented by
the Southwest Airlines Pilots Association (SWAPA), overwhelmingly
approved a new collective bargaining agreement.
"Our Pilots are world-class aviators who uphold Southwest's
commitments to Safety, Hospitality, and connecting People to what's
important in their lives," said Adam
Carlisle, Vice President Labor Relations at Southwest
Airlines®. "This agreement justly rewards our Pilots and
supports our operational needs."
The five-year agreement covers nearly 11,000
Southwest® Pilots, and provides them with
industry-leading compensation, modified scheduling practices, and
quality-of-life enhancements, including paid maternity and parental
leave, with an opportunity for an additional extended bonding
leave. In addition, the contract maintains Southwest's operational
advantages, including a new process for recovering our Pilot
network, if needed.
Since October 2022, nine
union-represented workgroups have ratified new agreements:
- Appearance Technicians
- Customer Service Agents, Customer Representatives, and Source
of Support Representatives
- Dispatchers
- Facilities Maintenance Technicians
- Flight Instructors
- Material Specialists
- Mechanics and Related Employees
- Meteorologists
- Pilots
Southwest remains in negotiations with two union-represented
workgroups and is committed to reaching agreements that reward
those Employees for their Southwest contributions.
ABOUT SOUTHWEST AIRLINES CO.
Southwest Airlines Co. operates one of the world's most
admired and awarded airlines, offering its one-of-a-kind value and
Hospitality at 121 airports across 11 countries. Southwest took
flight in 1971 to democratize the sky through friendly, reliable,
and low-cost air travel and now carries more air travelers flying
nonstop within the United States
than any other airline1. Based in Dallas and famous for an Employee-first
corporate Culture, Southwest maintains an unprecedented record of
no involuntary furloughs or layoffs in its history. By empowering
its more than 74,0002 People to deliver
unparalleled Hospitality, the maverick airline cherishes a
passionate loyalty among more than 126 million Customers carried in
2022. That formula for success brought industry-leading prosperity
and 47 consecutive years3 of profitability
for Southwest Shareholders (NYSE: LUV). Southwest leverages a
unique legacy and mission to serve communities around the world
including harnessing the power of its People and Purpose to put
communities at the Heart of its success. Learn more by visiting
Southwest.com/citizenship. As the airline with Heart,
Southwest has set a goal to work toward achieving net zero carbon
emissions by 2050. Southwest has also set near-term targets and a
three-pillar strategy to achieve its environmental goals. Learn
more by visiting Southwest.com/planet.
1Based on U.S. Dept. of Transportation
quarterly Airline Origin & Destination Survey since Q1
2021
2Fulltime-equivalent active
Employees
31973-2019 annual
profitability
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SOURCE Southwest Airlines Co.