Southwest Pilots Union To Vote On New Contract in January

Pilots would earn a 50% pay increase over a five-year period, or about $12 billion, under the tentative deal.

A Southwest Airlines plane in the sky.
(Image credit: Daniel Knighton/Getty Images)

After more than three years of negotiations, the Southwest Airlines Pilots Association (SWAPA) is set to vote on a tentative agreement on January 22, following approval by the union's board of directors yesterday (December 20).

"We know that the last few years have been difficult for our pilots as well as our customers, but we believe that this (tentative agreement) rewards our pilots as well as improving reliability for our passengers,” SWAPA President Captain Casey Murray said in a statement. “Our membership has fought for almost four years to reach an agreement with Southwest Airlines. They now have the opportunity to evaluate this deal and cast their vote accordingly.”

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Joey Solitro

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration. 

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