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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

Bullboard Posts
Comment by jjwilsonon Feb 09, 2012 2:49pm
228 Views
Post# 19511071

RE: RE: RE: ACPA ?

RE: RE: RE: ACPA ?

The corporation has no problem scraping together 5 million for C.R.  What exactly was that for again?  Look, the pilots gave up 30% eight years ago and haven't been able to negotiate a contract since then, meanwhile, the CAW and CUPE are above their wages from before CCAA and got their 2%.  I'm sure if you would restore the pilot's wages to pre-CCAA they would be quite content with 2% but instead the corp wants concessions from them.  The union has been negotiating in good-faith, don't believe the news-bites, it's the company that has refused to bargain because they expect the forced binding arbitration will cost less than actually bargaining to an agreement.  BTW, if the investors want to get more than a measley 2% maybe they could get the company to cut a few of the 100 VPs from the management ranks - that would probably put a few dollars back on the books.

Bullboard Posts