Tue, Nov 04, 2014
Ten-Year Pact Called 'Ground-Breaking' In The Industry
Air Canada and the Air Canada Pilots Association said Friday that the union members have ratified a landmark agreement on collective agreement terms for ten years.
"This ten-year agreement with the Air Canada Pilots Association is a ground-breaking development which allows us to accelerate the implementation of our business strategy on a win-win basis with our pilots," said Calin Rovinescu, President and CEO of Air Canada. "The new agreement provides greater stability and long term cost certainty as well as a framework for a strong partnership with our pilots. It is also the most tangible indication of the shift in culture underway at Air Canada.
"With this agreement now in place, we can focus our efforts on long-term profitable growth at both Air Canada and rouge for the benefit of our employees and all of Air Canada's stakeholders. I thank the teams representing both ACPA and management for their insight, commitment and determination in reaching this agreement."
The agreement is subject to certain openers and benchmarks over the 10 year period.
In addition to labour stability and long term cost certainty, the agreement also provides for increased flexibility with respect to regional airline capacity purchase agreements to help ensure cost competitiveness. In addition, it facilitates the evolution of Air Canada rouge into a stronger leisure carrier with improved fleet renewal flexibility and terms. As well, the agreement provides additional codeshare and joint venture flexibility and scope.
The agreement has been approved by the Air Canada Board of Directors.
The Air Canada Pilots Association membership comprises approximately 3,000 pilots.
(Image from file)
More News
Airport Rotating Beacon A visual NAVAID operated at many airports. At civil airports, alternating white and green flashes indicate the location of the airport. At military airports>[...]
Aero Linx: Fly for the Culture Fly For the Culture, Inc. is a 501(c)(3) non-profit organization that serves young people interested in pursuing professions in the aviation industry>[...]
Klyde Is Having Some Issues Comprehending The Fed's Priorities FMI: www.klydemorris.com>[...]
Also: Viasat-uAvionix, UL94 Fuel Investigation, AF Materiel Command, NTSB Safety Alert Norges Luftsportforbund chose Aura Aero's little 2-seater in electric trim for their next gli>[...]
Also: EP Systems' Battery, Boeing SAF, Repeat TBM 960 Order, Japan Coast Guard H225 Buy Despite nearly 100 complaints totaling millions of dollars of potential fraud, combined with>[...]