SOUTHWEST, PILOTS TRADE
Southwest Airlines has moved to secure its position as the U.S.' leading low-cost airline by signing a contract that swaps up to 14 million shares of stock for a five-year freeze in pilots' salaries. The 10-year contract with the Southwest Airlines Pilots Assn., which could save the carrier hundreds...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.