Air Transat reaches deal with pilots
Air Transat, the airline operated by Transat A.T. Inc., has reached a tentative labour contract with its more than 300 pilots.
The company said in a news release Friday that the pilots, represented by the Air Line Pilots Association, plan a ratification vote on the 48-month deal in the coming weeks.
Terms of the proposed contract, which would expire May 1, 2014, were not disclosed.
"Air Transat has always maintained excellent labour relations with its employees and union representatives and we are satisfied with the present agreement," president and CEO Allen Graham said in a statement.
Friday's contract announcement followed a vote in mid-August — held after more than six months of fruitless talks — in which 97 per cent of the company's pilots backed strike action if no deal could be reached.
Capt. Sylvain Aubin, chairman of the Air Transat Master Executive Council, said at the time that salaries, job outsourcing and pilot fatigue were among the main issues still outstanding.
Air Transat, a holiday destinations airline operating a fleet of 18 Airbus A330s and A310s, carries three million passengers annually to nearly 60 destinations in 25 countries.
It is a subsidiary of Montreal-based Transat A.T., an integrated international tour operator that operates mainly in Canada and Europe, as well as in the Caribbean, Mexico and the Mediterranean Basin.
Transat A.T. shares were down 12 cents at $12.38 in mid-morning trading Friday on the Toronto Stock Exchange.