Air Canada Confirms Ratification by CAW Members of Labour Agreement

MONTREAL, June 27, 2011 /CNW Telbec/ – Air Canada said today that it has received confirmation from the Canadian Auto Workers (CAW) union Local 2002 that the airline’s approximately 3,800 call centre and airport customer service agents in Canada have ratified a new collective agreement. The agreement has also been approved by the Air Canada board of directors. The four year agreement is in effect until February 28, 2015.

This collective agreement maintains a defined benefit pension plan for all current employees. The issue of pension arrangements applicable to employees hired after the date of ratification has been referred to mediation, and if necessary binding arbitration, for resolution.