Southwest Air, AirTran Airways Pilots' Unions Reach Agreement In Principle

Date : 07/17/2011 @ 11:36AM
Source : Dow Jones News
Stock : Southwest Airlines Company (LUV)
Quote : 60.92  1.34 (2.25%) @ 4:17PM

Southwest Air, AirTran Airways Pilots' Unions Reach Agreement In Principle

Southwest Airlines (NYSE:LUV)
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Southwest Airlines announced an agreement in principle between Southwest Airlines Pilots Association, the union representing its pilots; and the Air Line Pilots Association, the union representing the pilots of AirTran Airways, to integrate the two groups' seniority lists.

This agreement in principle is subject to the respective unions' board approval and membership ratification.

Southwest Airlines finalized closing of the acquisition of AirTran Holdings, Inc. on May 2, 2011.

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