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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

Post by Pesyk1on Oct 09, 2024 7:24pm
186 Views
Post# 36260174

Ratification - 10 am et.

Ratification - 10 am et.We will all know tomorrow morning around about 10 am eastern time ,what the vote count  will be  .  I don't believe they will vote against the pay raise , IF they do vote against the 4 year pay contract , there will be absolute chaos ,(1 )  the union leader who made this deal will  resign, (2) Canadian travelers will be scrambling as will the businesses who rely on AC to deliver .  If they vote against , the Canadian government will most likely step in to force 2 week arbitration, where all will be settled.  The experienced pilots will be getting around about 300k , newbees start out with 80k/ year in this 4 year contract.  I will be shocked if they decline this offer .  85% chance they will vote for is what we are thinking.  Newbees possibly not happy at all with pay scale .  Let's see what happens tomorrow morning....
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