Air Canada and CALDA Reach Tentative Agreement on New Contract for Flight Dispatchers

MONTREAL, Feb. 12, 2012 /CNW Telbec/ - Air Canada today announced that it has reached a tentative collective agreement with the Canadian Airline Dispatchers Association (CALDA), representing the airline's flight dispatchers.  Air Canada's 74 flight dispatchers are based at the airline's central operations control centre near Toronto Pearson International Airport and assist flight crew in the preparation for flight departures and arrivals.

The agreement is subject to ratification by the union membership. Details of the agreement will not be released pending ratification, and approval by the Air Canada board of directors.

This is the third tentative collective agreement reached by Air Canada and its unions in the past three days, following the IAMAW, its largest union, representing mechanics, baggage handlers and cargo agents on February 10, and Local 2002 of the CAW representing in-flight crew schedulers on February 11, 2012.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

Air Canada's public communications may include forward-looking statements within the meaning of applicable securities laws. Forward-looking statements, by their nature, are based on assumptions and are subject to important risks and uncertainties. Forward-looking statements cannot be relied upon due to, amongst other things, changing external events and general uncertainties of the business. Actual results may differ materially from results indicated in forward-looking statements due to a number of factors, including without limitation, industry, market, credit and economic conditions, the ability to reduce operating costs and secure financing, pension issues, energy prices, currency exchange and interest rates, employee and labour relations, competition, war, terrorist acts, epidemic diseases, environmental factors (including weather systems and other natural phenomena and factors arising from man-made sources), insurance issues and costs, changes in demand due to the seasonal nature of the business, supply issues, changes in laws, regulatory developments or proceedings, pending and future litigation and actions by third parties as well as the factors identified throughout Air Canada's public disclosure file available at www.sedar.com. Any forward-looking statements contained in this news release represent Air Canada's expectations as of date of this news release and are subject to change after such date. However, Air Canada disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.



SOURCE AIR CANADA

For further information:

Air Canada Contacts:
Isabelle Arthur (Montréal)  514 422-5788
Peter Fitzpatrick (Toronto)  416 263-5576
Angela Mah (Vancouver)  604 270-5741
Internet:    aircanada.com

CALDA Contact: 
Richard Yeates   705 888-4492
richard.yeates@caldaweb.com
Internet:    caldaweb.com

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