Pilots at discount carrier Spirit Airlines of Miramar, Florida, have reached a tentative contract deal that would give them significant financial gains over the next two years, their union announced Friday.
The deal, which was confirmed by a company spokeswoman, apparently would be effective through the time the carrier is acquired by JetBlue Airways, which has agreed to buy Spirit for $3.8 billion. The takeover requires U.S. government regulatory approval.
A statement by the Air Line Pilots Association from its Washington, D.C., headquarters said the proposed contract would provide “an economic gain of $463 million or 27% over the next two years,”
