Alaska Airlines workers ratify 2-year contract extension
Around 5,300 Alaska Airlines (NYSE: ALK) workers voted to approve a two-year contract extension that locks in wage increases and hikes in longevity pay through 2026.
The SeaTac-based airline’s customer service, cargo and ground service employees, and others who are represented by the International Association of Machinists and Aerospace Workers ratified the extension to their contract.
"This newly ratified IAM agreement at Alaska Airlines has raised the bar for the entire airline industry," IAM General Vice President Richard Johnsen said in a news release. "After keeping our world moving during the pandemic, our members at Alaska Airlines deserve the absolute best agreement possible. Today, the IAM has made that a reality."
The contract maintained existing benefits and included job security provisions, the union said. It sets a minimum for wage increases and ties them to pay scales for larger airlines.
https://www.bizjournals.com/seattle/news/2022/08/09/alaska-airlines-workers-ratify-two-year-contract.html