AIR Canada and the union representing more than 5,200 pilots announced over the weekend that they have reached a tentative agreement on a four-year contract, averting a threatened strike that could have started within days.
The preliminary deal must still be ratified by members of the air Line Pilots Association (ALPA). Air Canada said contract terms will remain confidential until the ratification vote, which is expected to take place within a month, and approval of the Air Canada board of directors.
Ratification requires approval by a majority of the voting membership, according to New York's FreightWaves.
ALPA said the tentative agreement will deliver an additional US$1.9 billion of value for pilots over the length of the contract.
Canadian newspapers reported that pilots received a 42 per cent pay raise, with a large chunk of it retroactive to September 2023.
'After several consecutive weeks of intense round-the-clock negotiations, progress was made on several key issues including compensation, retirement, and work rules. This agreement, if ratified by the pilot group, would officially put an end to our outdated and stale decade-old, ten-year framework,' said Charlene Hudy, chair of the Air Canada master executive council who works as a first officer at Air Canada.
A moratorium on either side implementing pressure tactics was set to end on Sunday if there was no resolution to the 15-month labour dispute, allowing the pilots to give three-days' notice for a threatened strike.
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The preliminary deal must still be ratified by members of the air Line Pilots Association (ALPA). Air Canada said contract terms will remain confidential until the ratification vote, which is expected to take place within a month, and approval of the Air Canada board of directors.
Ratification requires approval by a majority of the voting membership, according to New York's FreightWaves.
ALPA said the tentative agreement will deliver an additional US$1.9 billion of value for pilots over the length of the contract.
Canadian newspapers reported that pilots received a 42 per cent pay raise, with a large chunk of it retroactive to September 2023.
'After several consecutive weeks of intense round-the-clock negotiations, progress was made on several key issues including compensation, retirement, and work rules. This agreement, if ratified by the pilot group, would officially put an end to our outdated and stale decade-old, ten-year framework,' said Charlene Hudy, chair of the Air Canada master executive council who works as a first officer at Air Canada.
A moratorium on either side implementing pressure tactics was set to end on Sunday if there was no resolution to the 15-month labour dispute, allowing the pilots to give three-days' notice for a threatened strike.
SeaNews Turkey