Market Overview

Horizon Air, Teamsters Ratify Six-Year Contract

Share:
Related ALK
Earnings Parade: Technology Shines While Other Sectors Also Out-Perform
Alaska Air Q2 Adjusted EPS Rises 20.5%
Alaska Air Group (ALK) Bradley D. Tilden on Q2 2016 Results - Earnings Call Transcript (Seeking Alpha)

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)

View Comments and Join the Discussion!