Air Canada Flight Attendant Union Agreement

kenty9x | December 2, 2020 | 0

In addition, the agreements require that 15 per cent of the company`s capital be provided to a trust in favour of unionized workers with the proceeds of the pension plan`s deficit sale. A seat on the Board of Directors is assigned for appointment by an agent representing Air Canada`s unions, while ownership exceeds two per cent. In addition, the Company obtained a rate extension with ACPA on a cost-neutral basis for a 21-month period, similar to the agreements with IAMAW, CAW Local 2002 and CALDA. The contracts of the four unions stipulate that wage rates and the level of pension benefits must not change during the extension period. The contract renewal agreement and the moratorium agreement on pensions are subject to ratification of membership. VANCOUVER, British Columbia——Air Canada Component of the Canadian Union of Public Employees (CUPE) is encouraged to learn that cabin crew members who have lost their jobs as a result of the reduction of the covid-19 pandemic may soon be back on the corporate payroll. The airline and the federal government want to consolidate an agreement to provide the Canadian Emergency Wage Subsidy (CEWS), under which the federal government pays 75 per cent of workers` wages. Pension agreements remain conditional on Air Canada and CUPE concluding an extension of the collective agreement on terms satisfactory to each of them, and these discussions are ongoing. “This pioneering agreement follows the landmark 10-year agreement reached last October with our pilots and is the fifth collective agreement reached last year with unions representing our employees,” said Calin Rovinescu, President and CEO of Air Canada. The airline has just signed interim agreements on a moratorium on pension funding with all of its unionized employees in Canada, after reaching an interim agreement with its three unions, Canadian Auto Workers (CAW), International Association of Machinists and Civil Aviation Workers (IAMAW) and the Canadian Airline Dispatchers Association (CALDA), on June 8, 2009.