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Market
Major US airlines follow Southwest's wage increase by end of 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Public announcements and press releases from major U.S. airlines.
Story
Southwest Airlines Flight Attendants Ratify $6.3B Contract, 33% Raise Over 4 Years
Apr 24, 2024, 10:15 PM
Southwest Airlines' flight attendants have ratified a new labor contract valued at $6.3 billion, which includes significant pay raises over the next four years. The contract, covering nearly 20,000 flight attendants, was approved with an immediate 22% pay increase and will see a total pay rise of about 33% by the end of the four-year period. This agreement sets a precedent that could influence future labor negotiations at other U.S. carriers. The contract becomes amendable in 2028.
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Both new CEO and Executive Chairman • 34%
Yes • 50%
No • 50%
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Performs in-line with Delta and American Airlines • 33%
Underperforms Delta and American Airlines • 34%
Accepted without changes • 33%
Accepted with modifications • 33%
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No similar legislation in other states • 33%
