Dallas, Texas, January 22, 2024 – Southwest Airlines Co. (NYSE: LUV) announced today its Pilots, represented by the Southwest Airlines Pilots Association (SWAPA), overwhelmingly approved a new collective bargaining agreement.
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.
Forward-Looking Statements
This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.