Air Canada T.AC

Union information

[Fuergo]

ATTENTION Air Canada pilots: Mark your calendars. On July 12th (1300ET), your MEC will host a virtual town hall to provide an update on negotiations. Link below! 

 

[DrInvestor]

I think AC is trying hard to wrap this up before the Q2 call on Aug 9. Stay tuned!

[Veecee1]

Agreed, dont think they can afford to sandbag another Quarter. Also eager to commence share buybacks at these depressed prices. Pilots also eager to receive all that back pay coming to them. Meetings begin with Conciliator next week. A final offer could be presented befor Q2, and hopefully accepted.

[Nordico]

A full one third of AC trading volume in the second half of June was short sales. It was over 40% in the first half. These Shorts will quickly take their foot off the SP and rush to cover as soon as the labour deal is made, and when buybacks are announced. We'll be back in the $20s immediately. Both of these catalysts will occur by early November. The Q2 and Q3 results on top of that will

[thinkyourmoney]

And what's the update???  Or is it secret?

[Fuergo]

I am waiting for the summary, because I wasn't there

[Fuergo]

Last information, the negotiations are not progressing at all, they have had two meetings and the company did not show up once, the union follows the deadlines, in order to move on to the next step

[Veecee1]

what meetings are you referring to? They are due to meet with conciliator this week

[Fuergo]

the union meeting, (updated) of July 12, on the 2 conciliator meetings

[Veecee1]

information provided by the MEC was that FMCS will facilitate introductory meetings with union and company the third week of July