financetom
Business
financetom
/
Business
/
Market Chatter: Air Canada Flight Attendants Deal Includes Pay For Ground Work
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Air Canada Flight Attendants Deal Includes Pay For Ground Work
Aug 20, 2025 11:15 AM

01:58 PM EDT, 08/20/2025 (MT Newswires) -- Air Canada ( ACDVF ) flight attendants will begin getting paid for the work they do on the ground before the plane takes off, though not at 100% of their wage, reports CTV News.

The new tentative deal, which expires March 31, 2029, includes a plan to pay flight attendants starting at 50% of their salary as "ground pay" for an hour before the flight takes off for smaller planes, and 70 minutes for larger planes, says CTV news, citing a union representative.

The rate is meant to increase annually to reach 70% of their pay for ground work by the time the agreement expires.

Flight attendants will also receive a salary increase, the union representative said.

Air Canada ( ACDVF ) shares are down $0.39, to $19.01, on the Toronto Stock Exchange.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 19.12, Change: -0.28, Percent Change: -1.44

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Alto Neuroscience to Acquire Drug Portfolio From Chase Therapeutics
Alto Neuroscience to Acquire Drug Portfolio From Chase Therapeutics
Jun 3, 2025
06:55 AM EDT, 06/03/2025 (MT Newswires) -- Alto Neuroscience ( ANRO ) said Tuesday that it has signed an asset purchase agreement to acquire a portfolio of dopamine agonist drug combinations from Chase Therapeutics for $1.8 million. Alto said Chase will also be eligible for up to $71.5 million in milestone payments. Alto said the portfolio's most advanced program is...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Carlyle's AlpInvest raises $4.1 billion for ninth co-investment fund
Carlyle's AlpInvest raises $4.1 billion for ninth co-investment fund
Jun 3, 2025
NEW YORK (Reuters) -AlpInvest Partners has raised $4.1 billion for its ninth co-investment fund, an executive at the unit of private equity group Carlyle said, showing continued appetite among investors for access to buyout firms' dealmaking. The size of AlpInvest Co-Investment Fund IX (ACF IX), and related strategies, exceeds the $3.5 billion eighth iteration of the fund raised in 2021....
Mexico's Remittances Drop 12.1% Y/Y in April; Among Highest Decline Since 2012, Notes BBVA Research
Mexico's Remittances Drop 12.1% Y/Y in April; Among Highest Decline Since 2012, Notes BBVA Research
Jun 3, 2025
06:56 AM EDT, 06/03/2025 (MT Newswires) -- Amid a proposal to create a special tax in the United States on remittances sent abroad, the Bank of Mexico announced the amount of remittances sent to Mexico in April was $4.76 billion, noted BBVA Research Comparing remittances sent in April with those sent in April 2024, a 12.1% drop is observed, one...
Copyright 2023-2026 - www.financetom.com All Rights Reserved