Atlas Air Worldwide confirms ratification of interim agreement with Southern Air pilots

Atlas Air Worldwide (AAWW) said that pilots employed by its Southern Air subsidiary have ratified an agreement between Southern Air and Local 1224 of the International Brotherhood of Teamsters (IBT) for interim enhancements to the collective bargaining agreement between the parties. The interim agreement increases pay rates for Southern Air pilots to the same wage scales as provided to pilots of Atlas Air, Inc. It also provides for a ratification bonus and other terms and conditions that are comparable to those provided to their colleagues at Atlas Air. “We are pleased to enter into this agreement to benefit our Southern