UAL - Southwest Airlines' Stock Gains As Airline Approaches Landmark Pilot Agreement Before Holiday Season | Benzinga
Southwest Airlines Company (NYSE: LUV) shares are trading higher after the company is reportedly nearing a new contract agreement with its pilots' union.
Shares of peers Delta Air Lines, Inc. (NYSE: DAL), United Airlines Holdings, Inc. (NASDAQ: UAL), and American Airlines Group, Inc. (NASDAQ: AAL) are also trading higher Friday.
Southwest Airlines is set to increase salaries for over 11,000 pilots and resolve lengthy, tense negotiations before the vital holiday travel period, according to a news report by CNBC.
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