-
Vessel operator seeks witnesses after Vancouver grounding
-
Bezos grant helps Seattle nonprofit move thousands of families toward housing
-
Shrini Srivastava joins crew of Varanasi-Delhi Vande Bharat Sleeper service
-
US stocks fall before midterm Election Day as technology shares weaken
-
Nearly Half of Australian Workers Overqualified, Survey Finds
-
BLS Polymers makes strong market debut at ₹248 per share
-
RBI eases export-declaration compliance for individual service exporters
-
Petrol and diesel prices remain broadly steady across major Indian cities
-
Reliance shares remain in focus after near-12% surge
-
Derek Tierney Outlines Ten-Year Strategy for National Digital Health System
-
Coal India prepares possible $1 billion Mahanadi Coalfields listing
-
BLS Polymers shares open 65.3% above IPO price
-
Capital-markets shares rally as Motilal Oswal and Angel One lead gains
-
ITC shares rise as analysts anticipate gradual cigarette-business recovery
-
Reliance rally puts historical one-year return pattern in focus
-
The Digital Burden: Why Instant Messaging Feels Like a Full-Time Job
-
Saudi Aramco quarterly profit climbs 34.6% amid elevated oil prices
-
Korea’s Labor Share of GDP Hits Record Low Amid Semiconductor Boom
-
Australia raises benchmark rate to highest level in 18 years
-
littlefish and Halo Dot Partner to Replace Payment Terminals with SoftPOS
-
Asian stocks retreat as AI worries outweigh steep oil-price drop
-
Egypt Accelerates Construction of 341km Sinai Railway Linking Arish and Taba
-
Hamad International Airport stages emergency drills during WATAN 2026
-
Web Summit Qatar 2026 generated QR1 billion economic impact, report says
-
Qatar solar expansion opens scope for technical performance gains
-
OMP Extends UnisonIQ with Agent Library and Agent Studio: AI Agents that Produce Executable Supply Chain Plans
Deal with pilots averts strike at Air Canada
Flagship carrier Air Canada said Sunday it has reached a last-minute tentative deal with its pilots, averting a crippling strike that would have grounded flights and risked devastating the economy.
The agreement was announced just minutes after a key overnight deadline lapsed that would have seen hundreds of flights started to be cancelled over the coming days.
"Air Canada has reached a tentative, four-year collective agreement with the Air Line Pilots Association (ALPA), representing more than 5,200 pilots at Air Canada and Air Canada Rouge," the airline said in a statement.
The two sides had been in talks for 15 months.
This past week, groups representing more than 200,000 businesses across Canada urged the government to intervene, but Prime Minister Justin Trudeau refused, while impressing on both sides that "millions of Canadians (were) counting on everyone to get this resolved."
Both sides would have been in a position at midnight Sunday (0400 GMT) to issue a 72-hour notice of a worker strike or lockout by the airline, which was expected to trigger a phased shutdown of Air Canada's operations and a full stoppage as early as Wednesday.
Air Canada said the new agreement "recognizes the contributions and professionalism" of its pilots, but did not provide any details on the terms, pending its ratification by union members.
The union, which had been pushing for a significant wage bump to close a pay gap with the pilots' American counterparts, said the deal provides "an additional Can$1.9 billion ($1.4 billion) of value for Air Canada pilots over the course of the agreement."
Also, "progress was made on several key issues including compensation, retirement, and work rule," it said.
Air Canada flies to 47 countries and carries an average of 110,000 passengers a day on its 670 flights.
Y.Uduike--CPN