22:46:25 EDT Sat 13 Jun 2026
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AIR CANADA VOTING AND VARIABLE VOTING
Symbol AC
Shares Issued 280,052,347
Close 2026-06-12 C$ 21.50
Market Cap C$ 6,021,125,461
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ORIGINAL: Air Canada and the IAMAW Reach Tentative Agreement on New Contract

2026-06-13 20:00 ET - News Release

  • Agreement covers more than 11,000 maintenance, airport airside, cargo, and administrative employees based in Canada

MONTRÉAL, June 13, 2026 (GLOBE NEWSWIRE) -- Air Canada today said it has reached a tentative collective agreement with the International Association of Machinists and Aerospace Workers (IAMAW) representing more than 11,000 Air Canada employees in Maintenance, Cabin Services, Airport Airside Operations, Cargo, Finance and Clerical.

The agreement recognizes the contributions and skills of Air Canada’s operations and administrative employees. Terms of the new agreement remain confidential pending ratification by the union membership, expected to be completed over the next few weeks, and approval by the Air Canada Board of Directors.

About Air Canada

Air Canada is Canada's largest airline, the country’s flag carrier and a founding member of Star Alliance, the world's most comprehensive air transportation network. Headquartered in Montréal, Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and Internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada’s Aeroplan program is Canada’s premier travel loyalty program, with more than 10 million members worldwide. Members can earn or redeem points on the world’s largest airline partner network of more than 50 airlines, plus through an extensive range of merchandise, hotel and car rental partners. Through Air Canada Vacations, it offers a selection of vacation and Flight & Hotel packages, tours, cruises, car rentals, excursions, and a variety of activities and experiences. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada’s passenger and freighter aircraft. Air Canada’s climate-related ambition includes a long-term aspirational goal of net-zero greenhouse gas emissions by 2050. For additional information, please see Air Canada’s TCFD disclosure. Air Canada shares are publicly traded on the TSX (AC).

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