Southwest Airlines reaches tentative agreement with transport workers union

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The workers will now earn $36.72 per hour, higher than the hourly wage at United Airlines Holdings (NASDAQ:UAL) and Delta Air Lines Inc (NYSE:DAL), based on the tentative agreement uploaded on Transport Workers Union Local 555’s website.

The contract also meets the union’s other demands such as improvement in retirement medical coverage, increasing company’s 401(k) match and additional holidays at premium pay rates.