Southwest Airlines Co. (NYSE: LUV) has reported negotiators reached an agreement in principle for the company´s facilities maintenance technicians, the company said.
Terms of the five-year deal include a complete set of work rules, a wage scale, and a ratification bonus.
The agreement in principle is subject to final review by AMFA´s national executive committee before it is submitted to its members for a vote. A date for a ratification vote will be determined in the coming days.
Dallas-based Southwest Airlines serves more than 100 million customers annually. with 3,900 departures a day during peak travel season across a network of 98 destinations in the United States and seven additional countries.
