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Air Canada Avoids Shutdown After Tentative Deal With Pilots

Sep 16, 2024, 9:15 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

Air Canada avoids a strike with its pilots union. Tentative four-year deal with ALPA affects over 5,200 pilots. Deal terms are confidential pending a ratification vote. Strike could have severely impacted Air Canada's operations. Air Canada shares are down 15% this year.

  • Air Canada avoids a strike with its pilots union.
  • Tentative four-year deal with ALPA affects over 5,200 pilots.
  • Deal terms are confidential pending a ratification vote.
  • Strike could have severely impacted Air Canada's operations.
  • Air Canada shares are down 15% this year.

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