Alaska Airlines flight attendants ratified a new four-year labor contract that the Assn. of Flight Attendants-CWA said "provides a more generous profit-sharing program." No other details of the deal were released. Parent Alaska Air Group also announced the conversion of $150 million in outstanding convertible notes due in 2023 into Alaska Air common stock. "With this transaction, we have converted $150 million of debt into equity," CFO Brad Tilden said.
Subscribe to Access this Entire Article
"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.