10:52 AM EST, 11/29/2024 (MT Newswires) -- Alaska Air Group ( ALK ) resumed contract talks with the Association of Flight Attendants last week with a new proposal from the union and a federal mediator, the Seattle Times reported Friday.

The union, which represents 6,900 Alaska Air ( ALK ) employees, rejected a tentative three-year contract with the airline in August with a majority citing pay concerns, the report said.

The company and the union didn't disclose details on proposals or negotiations with a

second mediation session scheduled in Dec. 17-19 and a third on Jan. 7-9, the report said.

Alaska Air Group ( ALK ) and the Association of Flight Attendants didn't immediately respond to requests for comments from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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