Air Canada reached a last-minute pact with the pilots’ union, averting a strike that would have grounded more than 1,000 daily flights worldwide.

Air Canada and the Air Line Pilots Association, which represents the company’s more than 5,000 pilots, arrived at a tentative agreement for a new four-year contract, according to a statement. Negotiations went on for more than a year. ALPA sought to close a pay gap with US counterparts, especially in entry-level wages for pilots.

The 42% compensation increase over the four-year contract is expected to cost the carrier C$1.9 billion{ai:summary}<p>Air Canada and the Air Line Pilots Association finalized a last-minute agreement, preventing a strike that could have affected over 1,000 daily flights globally. The tentative four-year contract follows prolonged negotiations aimed at addressing wage disparities. </p><p>#economy</p>

Air Canada offers 42% raise to pilots, averting strike

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