Mr. Benjamin Smith reports

AIR CANADA CONCLUDES "WIN-WIN" AMENDMENTS TO LONG-TERM COLLECTIVE AGREEMENT WITH PILOTS

Air Canada has successfully concluded amendments to its existing long-term labour agreement with its 3,500 pilots represented by the Air Canada Pilots Association (ACPA). The amendments to the 10-year agreement reached in October, 2014, provide added commercial and operational flexibility as well as improved cost competitiveness while also providing attractive career growth opportunities and other advantages for its pilots.

"These amendments recognize the valuable contribution of our pilots and provide additional flexibility and cost competitiveness that further strengthen Air Canada's ability to compete effectively in today's global competitive environment," said Benjamin Smith, president, passenger airlines, at Air Canada. "I thank our respective teams for their insights and productive discussions enabling us to 'win as one Air Canada.'"

Air Canada is Canada's largest domestic and international airline serving more than 200 airports on six continents. Air Canada provides scheduled passenger service directly to 64 airports in Canada, 57 in the United States, and 95 in Europe, the Middle East, Africa, Asia, Australia, the Caribbean, Mexico, Central America and South America.