JetBlue (Nasdaq: JBLU) with its pilots, represented by the Air Line Pilots Association, Int’l (ALPA), today announced the ratification of a four-year contract. With 98% of eligible pilots voting, 74% cast ballots in favor of the agreement.
“I appreciate the hard work and dedication of both the ALPA and JetBlue negotiating teams in coming to an agreement that is fair for our pilots and that allows JetBlue to continue to grow, compete and succeed,” said Joanna Geraghty, president and chief operating officer for JetBlue. “Thank you to our entire pilot group for their commitment to safety and for delivering the JetBlue experience to our customers throughout the negotiation process and every day.”
The contractual terms, including market competitive pay rates, per diems and 401(k) provisions, will be effective August 1, 2018. Negotiations began in 2015 and have been guided by the National Mediation Board (NMB) since 2017.