Article: -SOUTHWEST AIRLINES: Southwest Airlines' dispatchers ratify 12-year contract.

M2 PRESSWIRE-6 October 1998-SOUTHWEST AIRLINES: Southwest Airlines' dispatchers ratify 12-year contract (C)1994-98 M2 COMMUNICATIONS LTD

RDATE:051098

-- Contract is longest in Southwest Airlines' history

DALLAS -- Southwest Airlines' dispatch Employees, represented by the Southwest Airlines Employees Association (SAEA), today signed an unprecedented 12-year contract with the airline which was ratified by more than 78 percent of the SAEA membership.

The contract, which will be effective through Nov. 30, 2009, provides for the issuance of up to 1,050,000 shares of stock options distributed to dispatch Employees over the term of the ...

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