Southwest Airlines, flight instructors reach tentative agreement

Southwest Airlines Co. (NYSE: LUV) have announced a tentative agreement (TA) with Transport Workers Union Local 557, the union representing the company´s flight instructors, the company said.

The agreement comes just four weeks after the group´s current contract became amendable.

During the next few weeks, the Union will share terms of the agreement with its members who will then conduct a ratification vote. If approved, the new contract would be amendable at the end of 2019.

In its 45th year of service, Dallas-based Southwest Airlines continues to differentiate itself from other air carriers with more than 48,000 employees and more than 100 million customers annually.