MONTREAL, April 19, 2012 /CNW Telbec/ - Air Canada and the Air Canada Pilots Association (ACPA) have agreed to re-commence negotiations.
The parties have agreed to a 10-day negotiation period to begin following the appointment of an arbitrator by the Minister of Labour in accordance with the provisions of the Protecting Air Services Act. Air Canada and ACPA will ask that the arbitrator facilitate the negotiations process pursuant to section 31 of the Act that allows for negotiations to take place.
ACPA represents approximately 3,000 pilots employed by Air Canada, and its collective agreement expired on March 31, 2011.
Air Canada and ACPA will have no further comments during the course of these negotiations.
Air Canada is Canada's largest domestic and international full-service airline providing scheduled and charter air transportation for passengers and cargo to more than 180 destinations on five continents. Canada's flag carrier is the 15th largest commercial airline in the world and serves 34 million customers annually. Air Canada is a founding member of Star Alliance. For more information on Air Canada visit aircanada.com. Follow @AirCanada on Twitter and Facebook.
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, employee and labour relations, currency exchange and interest rates, 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.
For further information:
Isabelle Arthur (Montréal) 514 422-5788
Peter Fitzpatrick (Toronto) 416 263-5576
Angela Mah (Vancouver) 604 270-5741