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The agreement could take a couple of weeks to sort out some of the outstanding issues, the person said without providing any details on the terms of the deal.
The union did not immediately respond to Reuters’ requests for comment.
North American pilots and flight attendants have been pushing for better pay and working conditions during their talks over new job contracts with the company management.
The carrier in October had reached a tentative agreement with the Transport Workers Union Local 556, representing nearly 19,000 flight attendants.
Earlier this year, major carriers American Airlines (NASDAQ:AAL), Delta, and United Airlines successfully reached agreements with their respective pilot unions.
CNBC first reported that Southwest was nearing a new contract with the union.
