In this article, we will take a look at the 10 airline stocks billionaires are piling into. To skip our analysis of the recent market trends and activity, you can go directly to see the 5 Airline Stocks Billionaires Are Piling Into. The airline industry in the United States operates as an oligopoly with four […]
Southwest Airlines flight attendants have voted down a contract offer reached by negotiators for the airline and the union. The local’s president, Lyn Montgomery, said the vote followed five years of negotiations during which the flight crews have not received pay raises. “We will go back to the table to achieve the collective bargaining agreement that meets the needs of the hardest-working flight attendants in the industry,” she said in a statement.
Flight attendants at Southwest Airlines have rejected a tentative contract agreement, with 64% of them voting against the proposed five-year deal, their union said on Friday. The Transport Workers Union (TWU) Local 556, representing nearly 19,000 flight attendants, said in a statement "this proposed contract is not going to heal the hurt." Southwest's flight attendants have been demanding higher pay and better work rules in the new contract.