XM does not provide services to residents of the United States of America.

Alaska Airlines flight attendants set for 32% average pay rise in new tentative contract



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Alaska Airlines flight attendants set for 32% average pay rise in new tentative contract</title></head><body>

July 3 (Reuters) -Alaska Airlines' ALK.N flight attendants are set for an average pay increase of 32% as part of a new three-year tentative labor agreement with the airline, a union representing the employees said.

The agreement, yet to be ratified by the Associate of Flight Attendants union members, is also the first to make boarding pay legally binding for unionized flight attendants, the union said on Tuesday.

Flight attendants in the U.S. are usually paid an hourly rate after the flight cabin doors close and it does not include the time taken to onboard passengers.

"With boarding pay, we achieve significant pay increases," the union said.

Alaska Airlines did not immediately respond to a request for comment.

The new three-year tentative contract comes at a time when pilots and flight attendants across U.S. airlines have been demanding better pay and benefits after the pandemic brought the industry to a standstill and the subsequent pent-up travel demand led to record profits for airlines.

In February, Alaska Airlines' flight attendants authorized a strike mandate for the first time in three decades.

The tentative labor agreement, which avoids a potential strike, includes benefits such as improvements to holiday and overtime pay as well as 20 months of retroactive pay.

Voting for the ratification of the deal will take place later this month, and end on Aug. 14.



Reporting by Ananta Agarwal in Bengaluru; Editing by Shounak Dasgupta

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.