06:25 AM EDT, 09/09/2024 (MT Newswires) -- Air Canada ( ACDVF ) said Monday that it is finalizing contingency plans to suspend most of its operations. In a statement it said talks between the company and the Air Line Pilots Association (ALPA), representing more than 5,200 pilots at Air Canada ( ACDVF ) and Air Canada Rouge, continue, but the parties remain "far apart". Unless an agreement is reached, beginning on September 15, 2024, either party may issue a 72-hour strike or lock out notice, which would trigger the carrier's three-day wind down plan, it added.

According to Air Canada ( ACDVF ), talks with ALPA are nearing an impasse over the union's "excessive" wage demands. The airline said customers are advised to use the airline's goodwill policy to defer imminent travel at no cost.