Southwest Airlines and the International Brotherhood of Teamsters Local 19 announced the airline’s Flight Simulator Technicians have voted in favor of their new contract. Southwest Airlines has more than 50 Flight Simulator Technicians who provide maintenance and engineering support for the company’s flight training equipment. The new contract includes increased pay rates, a new Simulation Engineer classification, and maternity and parental leave for eligible Employees. It becomes amendable in September 2028. With this result, all the airline’s labor contracts are now closed. Since October 2022, each of the 12 union-represented workgroups, that collectively represent approximately 83% of Southwest employees, have ratified new contracts.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LUV:
- Jefferies aerospace & defense analyst holds analyst/industry conference call
- Trump Media slips after presidential debate: Morning Buzz
- Southwest eliminates Executive Committee structure for board
- Southwest board ‘confident’ in Bob Jordan’s leadership
- Southwest Airlines (NYSE:LUV) Chairman Stuns Industry by Announcing Retirement