Air Canada no longer has to fund defined benefit pension plans for new employees joining its maintenance and airport services workgroups after a government-appointed arbitrator backed a new contract proposed by the airline. The ruling was the result of mediated talks imposed on the two sides after negotiations failed and the International Association of Machinists and Aerospace Workers, which represents the two work groups, threatened industrial action. Final details of the ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Air Canada Released From Funding Pensions For New IAM Employees".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.