LAS VEGAS - Allegiant (NASDAQ: ALGT) and the Transport Workers Union of America (TWU) Local 577 have reached a tentative agreement on a new five-year labor contract for over 1,700 flight attendants. This development follows a bargaining period of roughly 15 months since the amendable date of their initial collective bargaining agreement on December 21, 2022.
The proposed contract includes substantial wage increases, additional compensation for operational delays, designated holiday pay, and enhancements to retirement benefits. Flight attendants are also expected to benefit from improved quality of life measures, such as scheduling flexibility, leave of absence policies, and a minimum trip pairing pay.
Allegiant's President, Gregory C. Anderson, expressed optimism about the tentative agreement, emphasizing the importance of flight attendants to the company and the intent to improve their work experience significantly.
Before the agreement takes effect, it must be ratified by the union's membership, a process anticipated to be completed next month.
Allegiant, known for its low-cost air travel and focus on connecting passengers from small-to-medium cities to major vacation destinations, has built its business model around nonstop flights and fares typically lower than the average domestic roundtrip ticket.
The information in this article is based on a press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.