Air Canada and the union representing its pilots have come to terms on a labor agreement that is likely to prevent a shutdown of Canada's largest airline.
Talks betwen the company and the Air Line Pilots Association produced a tentative, four-year collective agreement, the airline announced in a statement early Sunday.
The prospective deal recognises the contributions of the pilots flying for Air Canada and Air Canada Rouge while setting a new framework for company growth. The terms will remain confidential until ratification by union members and approval by the airline's board of directors over the next month, the airline said.
The pilots association said its Air Canada Master Executive Council voted to approve the tentative agreement on behalf of more than 5,400 Air Canada pilots. After review and ratification by a majority of members, the deal is expected to generate an additional $1.9 billion for the pilots over the period of the agreement, the union said in a statement.
While
