Southwest Airlines Co. (NYSE: LUV) has announced that the Southwest Airlines Facilities Maintenance Technicians, represented by the Aircraft Mechanics Fraternal Association (AMFA), ratified their first collective bargaining agreement, the company said.
The new five-year contract includes a complete set of work rules, wage scale, ratification bonus, and job protections.
The Union reports that 59 percent of those who cast ballots voted in favor of the agreement. Negotiators for Southwest Airlines and AMFA began contract discussions in June 2013. The newly ratified contract is effective immediately and becomes amendable in November 2022.
In its 47th year of service, Dallas-based Southwest Airlines Co. (NYSE: LUV) continues to differentiate itself from other air carriers with exemplary Customer Service delivered by more than 55,000 Employees to a Customer base topping 115 million passengers annually, in recent years. Southwest became the nation´s largest domestic air carrier in 2003 and maintains that ranking based on the US Department of Transportation´s most recent reporting of domestic originating passengers boarded. During peak travel seasons, Southwest operates more than 4,000 weekday departures among a network of 100 destinations in the United States and 10 additional countries. Southwest has announced its intention to sell tickets in 2018 for service to Hawaii, subject to requisite governmental approvals.