Chorus Aviation has released that pilots of its subsidiary, Jazz Aviation, have ratified the amendments to their collective agreement which was tentatively agreed on January 14, 2019. The Air Lines Pilots Association, International (ALPA) represents Jazz’s pilots based in Vancouver, Calgary, Toronto and Montreal.
Ratification of this tentative agreement was a condition of implementing the amendments to, and extension of, the capacity purchase agreement (CPA) between Air Canada and Jazz, as announced on January 14, 2019.
The amendment and extension of the CPA remains subject to completion of Air Canada’s CA$97.26 million equity investment in Chorus, which contains customary conditions to closing. Chorus anticipates closing the equity investment by no later than February 8, 2019, upon which the amendment and extension of the CPA will become effective.