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Sat, Feb 26, 2011

Southwest Reaches AirTran Transition Agreement With Pilots' Union

Airline, SWAPA, Have Established Framework To Integrate AirTran Pilots

Southwest Airlines said Thursday that it has reached an agreement with its pilots, represented by the Southwest Airlines Pilots' Association (SWAPA), on an initial Transition Agreement that establishes a procedural framework for eventually integrating the Pilots of Orlando-based AirTran Airways into Southwest. The integration addressed by the agreement would follow the official legal closing of Southwest's acquisition of AirTran's parent company, AirTran Holdings, Inc., which is currently anticipated to occur during the second quarter of 2011. Closing is subject to the approval of AirTran stockholders, receipt of certain regulatory clearances, and fulfillment of customary closing conditions.

With this initial transition agreement, Southwest and SWAPA establish a framework to begin an orderly transition from operating Southwest and AirTran as separate carriers, to a single carrier under one Single Operating Certificate (SOC).  This transition agreement is an integral first step in that process.   

"This transition agreement, which was unanimously agreed to by our SWAPA Board of Directors, is an important step in the AirTran acquisition and integration process," said Chuck Magill, Southwest Airlines Vice President of Flight Operations. "Our hard-working Pilots are now poised to begin the important and challenging work of integrating their AirTran colleagues into Southwest Airlines."

FMI: www.southwest.com

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