Market Overview

Horizon Air, Teamsters Ratify Six-Year Contract

Related ALK
UPDATE: Raymond James Downgrades Alaska Air Group, Inc.
Benzinga's Top Downgrades
Dow Transports Slump on Profit Taking, Economic Worries (Fox Business)

Horizon Air and the International Brotherhood of Teamsters announced today that the carrier's 610 pilots ratified an agreement to extend the current contract for three years, creating a new six-year pact. Among pilots who voted, 77 percent approved ratification.

"The fact that the extension was achieved three years before the contract became amendable demonstrates the effectiveness of our sincerely collaborative approach with our union-represented workgroups," Horizon President Glenn Johnson said.

The new contract includes wage increases, improvements in productivity and quality of life, and better job security. The extended contract becomes amendable on Dec. 14, 2018, and was originally ratified in November 2010.

"We look forward to working together with the company to help Horizon continue on its path of increasing profitability, which will enable our airline to grow," said Captain Dan Johnston, Horizon Air Executive Council chairman.

Posted-In: News Contracts

 

Related Articles (ALK)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters