Looks like AC made its final offer, and it's a good one !
good luck with arbitration and public opinion if not accepted , highest paid in Canada
Improvements to health and retirement benefits,
improvments to 1-4 year pilot salaries
looks like all the boxes are checked
Air Canada has offered to boost the pay of more than 5,000 pilots by about 30 per cent within the next three years, according to people familiar with the matter, as it seeks to prevent a strike. Pilots at Canada’s largest airline would received a minimum 20 per cent increase up front, followed by annual raises over a three-year period, said the people, asking not to be identified because the discussions are private. Pilots with one to four years of service would receive more, the people said. The offer means that a captain with 10 years of service flying a wide-body aircraft such as a Boeing 777 with a current salary of just over $350,000 per year may see an increase of more than $100,000 over the life of the contract, the people said. The airline’s offer also includes improvements in pension and health benefits. ALPA’s local head, Charlene Hudy, declined to comment on the specifics of the proposal. But entry-level wages for pilots are an issue, she said. “One-quarter of our pilots have a second job, with almost 80 per cent of those needing the job out of necessity,” she said. “We are trying to change that.”
A meeting between the parties is expected later this week. As of last week, the talks had “completely stalled,” Hudy added.
When it is in force, we want our pilots to remain the best-paid commercial pilots in Canada by far,” Air Canada spokesperson Peter Fitzpatrick by email. “We are open to any solution to reach a reasonable settlement, including arbitration.”
Canada’s No. 2 airline, Onex Corp.-controlled WestJet Airlines, agreed to a contract in 2023 that included a 24 per cent compensation bump over four years.