Air Canada and Pilots Union Reach Tentative Agreement, Averting Strike

The four-year deal includes a significant pay raise and prevents disruptions for over 110,000 daily passengers and critical cargo operations.

The tentative agreement, if ratified, will provide Air Canada pilots with a cumulative 42% pay increase over four years.
The deal includes an upfront 26% pay boost retroactive to September 2023, followed by 4% annual raises through 2026.
Air Canada's goodwill policy allows passengers who changed flights due to strike fears to revert to their original bookings at no extra cost, subject to availability.
The agreement, which needs approval from the union's 5,200 members, replaces a decade-old contract that offered 2% annual raises.
The deal prevents a potential shutdown that could have severely impacted Canadian supply chains and the economy, with Air Canada handling 30% of the country's air freight.