Air Canada reaches agreement with pilots union, averts shutdown
Air Canada, the country’s largest airline, announced it has come to an agreement with its pilots on a new four-year labour pact, averting a shutdown.
According to the Globe and Mail, the Montreal-based company’s pilots will receive cumulative raises of almost 42 per cent over the term of the contract, starting with a 26-per-cent raise retroactive to September of 2023.
The Air Line Pilots Association, which represents more than 5,200 pilots at Air Canada and Air Canada Rouge, said in a statement the deal will generate bout $1.9 billion in additional value for pilots.
In its statement, Air Canada said it would not provide details of the agreement until the pact is fully ratified by union members.
Air Canada and Air Canada Rouge operate close to 670 daily flights on average and carry more than 110,000 passengers, according to the company.
The two sides have been in negotiations for 15 months. The primary sticking point was wages.