Southwest Airlines Co. announced Monday it has reached an agreement in principle with its pilots on terms of a new contract, bringing nearly to an end four years of negotiations.
The tentative agreement comes after 10 months of mediated talks and after the pilots rejected a previous agreement, the Southwest Airlines Pilots' Association said in a statement.
"Our negotiators were able to bring back an agreement worthy of review," said the union president, Capt. Jon Weaks, in a statement. "The membership will have the final decision as always."
The tentative agreement lasts through August 2020 and provides pay raises comparable to salaries of pilots at...