Air Canada Pilots Vote in Favour of 10 Year Contract
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Air Canada Pilots Vote in Favour of 10 Year Contract
Good Afternoon All:
It seems the pilots of "Big Red" 92% voted with 84% in favour have accepted a 10 year contract with Air Canada.
Air Canada Welcomes Landmark Agreement with its Pilots - Yahoo Finance
MONTREAL, Oct. 31, 2014 /CNW Telbec/ - Air Canada welcomes today's confirmation by the Air Canada Pilots Association that 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.
"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 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.
Air Canada is Canada's largest domestic and international airline serving more than 180 destinations on five continents. Canada's flag carrier is among the 20 largest airlines in the world and in 2013 served more than 35 million customers. Air Canada provides scheduled passenger service directly to 60 Canadian cities, 49 destinations in the United States and 73 cities in Europe, the Middle East, Asia, Australia, the Caribbean, Mexico and South America. Air Canada is a founding member of Star Alliance, the world's most comprehensive air transportation network serving 1,316 airports in 192 countries. Air Canada is the only international network carrier in North America to receive a Four-Star ranking according to independent U.K. research firm Skytrax that ranked Air Canada in a worldwide survey of more than 18 million airline passengers as Best Airline in North America in 2014 for the fifth consecutive year. For more information, please visit: www.aircanada.com.
It seems the pilots of "Big Red" 92% voted with 84% in favour have accepted a 10 year contract with Air Canada.
Air Canada Welcomes Landmark Agreement with its Pilots - Yahoo Finance
MONTREAL, Oct. 31, 2014 /CNW Telbec/ - Air Canada welcomes today's confirmation by the Air Canada Pilots Association that 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.
"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 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.
Air Canada is Canada's largest domestic and international airline serving more than 180 destinations on five continents. Canada's flag carrier is among the 20 largest airlines in the world and in 2013 served more than 35 million customers. Air Canada provides scheduled passenger service directly to 60 Canadian cities, 49 destinations in the United States and 73 cities in Europe, the Middle East, Asia, Australia, the Caribbean, Mexico and South America. Air Canada is a founding member of Star Alliance, the world's most comprehensive air transportation network serving 1,316 airports in 192 countries. Air Canada is the only international network carrier in North America to receive a Four-Star ranking according to independent U.K. research firm Skytrax that ranked Air Canada in a worldwide survey of more than 18 million airline passengers as Best Airline in North America in 2014 for the fifth consecutive year. For more information, please visit: www.aircanada.com.
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Wow! Ten years in an industry which thinks long range planning is tomorows breakfast! Sure hope they read the fine print! At least it should provide some stability for the employees, even if its not all that was asked for.
