Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Canada's WestJet expects first pilots' labor contract after 2018

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/14/2017 | 06:25pm CEST
President and CEO of Westjet Airlines Saretsky addresses shareholders during the company's annual general meeting in Calgary

MONTREAL (Reuters) - The chief executive of Canada's WestJet Airlines said on Tuesday that negotiations to reach a first labor contract with pilots, which began this year, will be protracted and he does not expect a deal next year.

"It's going to take a long time," CEO Gregg Saretsky told a Toronto transportation conference. "It is unlikely that there will be an agreement in 2018."

Pilots from WestJet's mainline and regional affiliate recently agreed to join the Air Line Pilots Association (ALPA) and separate unions are trying to organize the carrier's other employees, including flight attendants.

Calgary-headquartered WestJet, Canada's second-largest airline, had previously been the last carrier in North America with non-unionized pilots, Saretsky said.

"There's a certain inevitability," he said of the pilots joining ALPA.

The union campaigns at WestJet have raised some concerns among analysts about the prospect of higher labor costs at a time when the company is launching ultra-low-cost carrier Swoop, which is expected to start flights in June 2018.

Saretsky said he expected the first pilot contract to be "cost-neutral," in terms of salaries and benefits, adding, "I'm not expecting there to be any sizeable impact ... because we were paying our pilots very well."

(Reporting By Allison Lampert; Editing by Bernadette Baum and Frances Kerry)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
07:29pPRESIDENCY OF REPUBLIC OF TURKEY : “First condition of independence in today's world is to become a country that develops and exports technology”
PU
06:55pOPEC and allies struggle to pump more oil as Iran supply falls
RE
06:53pOPEC, allies overachieved on output cut by 600,000 bpd in August - Oman
RE
03:59pEESC EUROPEAN ECONOMIC AND SOCIAL COMMITTEE : #JubelFestival - EESC members discuss new ideas for the future of Europe
PU
01:44pNOC NATIONAL OIL : AGOCO revives 16 year old well
PU
01:37pTake Five - World markets themes for the week ahead
RE
01:14pCARIBBEAN DEVELOPMENT BANK : CDB video wins gold advertising award
PU
01:06pItaly's cabinet undersecretary says meeting all electoral pledges is tough
RE
12:41pHUTN : EF Hutton Sponsors ACEx A New Cryptocurrency Exchange
AQ
12:09pEU ratchets up pressure on Swiss to clinch new treaty
RE
Latest news "Economy & Forex"
Advertisement