About Air Canada Air Canada is Canada`s largest domestic and international carrier, serving nearly 220 airports on six continents. The Canadian airline is one of the 20 largest airlines in the world and has served nearly 51 million customers in 2018. Air Canada offers scheduled flights directly to 62 airports in Canada, 54 in the United States and 101 in Europe, the Middle East, Africa, Asia, Australia, the Caribbean, Mexico, Central America and South America. Air Canada is a founding member of Star Alliance, the world`s largest air transportation network for 1,250 airports in 195 countries. Air Canada is the only international airline in North America to receive a four-star rating from U.S. independent research firm Skytrax, which has also made Air Canada the best 2019 airline in North America. For more information, see: aircanada.com/media, follow @AirCanada on Twitter and join Air Canada on Facebook. 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.

In previous contracts, workers hired after 2004 were paid less. These members will see an approximate increase in pay of up to 75 per cent over the life of the collective agreement. MONTREAL, October 23, 2019 /CNW Telbec/ – Air Canada announced today that it has been informed by the International Brotherhood of Teamsters (IBT), the union representing the airline`s 700 employees in the United States, that its members have ratified a new 10-year collective agreement concluded on July 17, 2019. The new agreement is in effect until 2029. 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. “We are pleased to conclude these negotiations with an agreement that brings economic benefits and establishes a new industry standard for Air Canada members,” said Euila Leonard, President of Unifor Local in 2002. “The bargaining committee and our members fought and never oscillated over their sponsors when they asked for a fair agreement reflecting their commitment and contributions to the company.” A moratorium on retirement savings has also been signed by Air Canada Pionairs, an association that serves more than 15,000 Air Canada retirees and its predecessors, but which do not bind.