Southwest Airlines pilots accept new contract agreement

Southwest Airlines pilots overwhelmingly approved a new contract deal with the Dallas-based carrier.

By an 84 percent favorable vote, the pilots agreed to a new contract that includes an immediate 15 percent pay raise and more raises in the coming years, as well as increased retirement funding.

More than 95 percent of the 8,400-plus pilots of Southwest Airlines voted in the contract election that concluded more than four years of negotiations.

Read more from the Dallas Business Journal.