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Southwest Airlines

Southwest Airlines announces tentative agreement with pilots' union

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...