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Alaska Air, Pilots Union Reach Deal on Contract

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From Bloomberg News

Alaska Airlines and its pilots union reached agreement on a new contract that will cut wages by 20% and replace a contract put in place after an arbitrator said this month that pay should be cut 26%.

The new five-year agreement is still subject to a vote by the carrier’s 1,465 pilots, who are represented by the Air Line Pilots Assn., the Alaska Air Group Inc. unit said. The agreement would replace a two-year contract that was put in place May 1 after the arbitration decision, the company said.

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