Negotiators for Southwest Airlines pilots have reached an agreement in principle on a new contract that would limit codesharing to 4% of total capacity. Southwest's 5,900 pilots rejected an earlier contract that set codesharing limits at 6% of capacity, fearing too much codesharing would mean less work for Southwest pilots. The proposed contract also includes three raises of 2% each and increased contributions to pilots' retirement accounts. The Southwest Airlines Pilots' Association board plans to review the contract early next week before sending it to members for a vote.

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