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© Reuters. FILE PHOTO: A Southwest Airways plane flies previous the U.S. Capitol earlier than touchdown at Reagan Nationwide Airport in Arlington, Virginia, U.S., January 24, 2022. REUTERS/Joshua Roberts/File Photograph
(Reuters) -Southwest Airways Co stated on Tuesday it had reached a tentative settlement with the union that represents about 17,120 transport employees who deal with ramp, operations, provisioning and cargo.
The employees will now earn $36.72 per hour, increased than the hourly wages at United Airways Holdings (NASDAQ:) and Delta Air Traces Inc (NYSE:), primarily based on the tentative settlement uploaded on Transport Employees Union Native 555’s web site.
The contract additionally meets the union’s different calls for comparable to enchancment in retirement medical protection, growing the corporate’s 401(okay) match and extra holidays at premium pay charges.
Prior to now two years, unions throughout the aerospace, building, airline and rail industries have put up fights for increased wages and extra advantages in a good labor market.
Lately, pilots at rival Delta Air Traces and American Airways (NASDAQ:) additionally reached new labor agreements with the businesses, whereas Southwest is but to strike a brand new take care of its pilots.
In June, Southwest agreed to a tentative settlement with its greater than 2,800 mechanics and associated workers.
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