Alaska Air (ALK) Arm's Pact With Technicians Gets Approval [Yahoo! Finance]
Alaska Air Group, Inc. (ALK)
Last alaska air group, inc. earnings: 1/28 04:01 pm
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Source: Yahoo! Finance
technicians, maintenance controllers and supporting staff, represented by the Aircraft Mechanics Fraternal Association or AMFA, approved a new five-year contract. Negotiated over 12 months, the deal boasts increased pay, enhanced retirement contributions and quality of life improvements. CEO Ben Minicucci commended the airline's expertise and dedication, emphasizing the swift ratification just four months after the previous contract's amendable date. This marks the seventh ratified contract across six represented groups since 2022, underscoring Alaska Air's commitment to its workforce. AMFA's national president, Bret Oestreich, lauded the agreement for its fair compensation and job security provisions, crediting the negotiating committee for securing crucial protections. The contract, effective since Oct 17, 2023, includes wage hikes, schedule enhancements, retirement benefits and language amendments to bolster productivity. With this landmark deal, Alaska Airlines aims to attract
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ALK
Earnings
- 4/18/24 - Beat
ALK
Sec Filings
- 4/18/24 - Form 8-K
- 4/5/24 - Form 4
- 4/4/24 - Form 8-K
- ALK's page on the SEC website