Friday, October 22, 2010

Southwest Airlines pilots earn increase through company profitability

Southwest Airlines Pilots' Association (SWAPA) yesterday announced it has received official notice from the airline that its pilots will obtain a 3% increase due to the company's profitability.

The raise is part of a negotiated profitability-based contract which ties in the achievement of the company with any pay raises pilots may receive.

When the contract was originally valued during negotiations a 0% raise was seen as probable due to the company's recital at the time and the economy.

The wage boost for the pilots comes as a surprise and is seen as a positive sign of a changing economic climate.

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