TORONTO, April 12 /CNW/ - The payment of $4.6 million to Air Canada CEO
Calin Rovinescu last year, plus a retention bonus to stay with the
airline, is a disgrace especially after years of difficult economic
times in the airline industry, says Jamie Ross, CAW Local 2002
Air Canada and CAW Local 2002 are currently in negotiations for a new
collective agreement. Ross said news of the massive payout to the Air
Canada CEO undercuts claims by airline management they can't afford to
offer workers a solid agreement.
"Our members work hard to offer solid service and ensure Air Canada is
the best airline possible, but in the last round of bargaining alone we
had to fight back a broad range of demands for concessions," said Ross.
Since 2002 CAW members wages at Air Canada have not even kept pace with
half the rate of inflation, she said.
"It's unjust to demand cutbacks or offer minimal gains to thousands of
hard working Air Canada employees and then turn around and give
executives millions in compensation," Ross said.
According to Canadian Press, in addition to $3 million in cash Rovinescu
received last year, he also received $1.4 million of Air Canada shares
and $156,400 of retirement benefits.
Rovinescu will be able to access a $5 million retention payment if he
remains on the job until March 31, 2012, CP states.
"The Air Canada results from the last couple of years, reflects the
hard, dedicated work of our members from across the country," said CAW
National President Ken Lewenza.
"For this corporation to dole out exorbitant bonuses and retirement
benefits is absolutely unacceptable to our Air Canada airline members
and to our union, especially when we are in negotiations and the
corporation is demanding significant concessions, including pension
cuts. The Air Canada bargaining committee and our union will be
demanding equal improvements and solid gains from Air Canada," Lewenza
CAW Local 2002 represents 3,800 members at Air Canada, who work in
customer service and sales in major airports and call centres.
SOURCE Canadian Auto Workers
For further information:
CAW Communications John McClyment (cell) 416-315-3202 or CAW Local 2002 Communications Darryl Bink, (cell) 647-802- 8613