November 3, 2014
Air Canada welcomes landmark agreement with pilots
Air Canada Pilots Association and its 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. 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 rougeTM 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.