Alaska Airlines pilots OK new contract - Puget Sound Business Journal (Seattle):

http://www.ciydc.org/article/The-American-tuning---.html
According to the , which representes Alaska’s 1,455 pilots, of the 95 percenft of those pilotswho voted, 84 percent votec in favor of the deal. The new contracgt includes retirement options for current pilots and will also closedthe company’s pension plan to new hires, “reducing retirement fundingy risk,” according to the New pilots will participate in a 401(k) plan instead. Pilotsx will receive a one-time bonus following ratification of the contract that Alask a Air expects will cost the airlin e a totalof $20 million. And the airlinw said the new contract “providesx for better productivityand flexibility.
” “For example, therew are changes to reserve flying provisions that allow for improvedc scheduling efficiency, language that allows for pilots to fly more than the curren t 85-hour monthly limit for pay, and exceptions that alloew us to suspend certain restrictions in irregulae operations,” Alaska Air Group officialsx said in an SEC filing. The pilot and (NYSE: ALK) of Seattle agreed to a tentativs deallast month. Alaskqa Airlines flew 34.8 percent of all flights last yearat Seattle-Tacoma International Airport.