Southwest Airlines announced that its Flight Attendants, represented by the Transport Workers Union Local 556, voted in favor of a new collective bargaining agreement, or CBA. “In addition to industry-leading compensation increases, the new agreement incorporates refined on-call scheduling for Southwest Airlines Flight Attendants and other quality-of-life enhancements, including company-paid maternity and parental leaves… The contract covering nearly 20,000 Southwest Flight Attendants becomes amendable in 2028,” the company stated.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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:
- Southwest put volume heavy and directionally bearish
- Southwest price target lowered to $30 from $34 at BofA
- Southwest Airlines now expects only 20 Boeing aircraft deliveries, Reuters says
- Airlines, unions urge Biden to halt approval of more China flights, Reuters says
- Southwest Airlines Stock (NYSE:LUV): Set to Fly as Travel Trends Shift