zipped Posted May 13, 2003 Share Posted May 13, 2003 For immediate release (Toronto: 13 May 03) - CAW in talks with Air Canada: pension and bargaining unit remain major priority The CAW met with Air Canada for talks about cost savings at the Mainline due to the company being in bankruptcy protection under the Companies’ Creditors Arrangement Act (CCAA). Good discussions took place around some of the issues which have now been narrowed down. Justice Warren Winkler has been appointed as facilitator and the CAW had an opportunity to meet with him and outline our concerns, particularly about the pension plan and the airline’s intent to break up the bargaining unit by selling off the ground handling work and Aeroplan. We also briefed him on the earlier exchanges between the CAW and Air Canada in our efforts to address the deteriorating financial situation. The CAW group included representatives from the Crew Scheduling bargaining committee and Air Canada Jazz. Talks scheduled for Sunday were cancelled as the company needed to get prepared for the meetings between the various unions and Justice Winkler this week. The Mainline Bargaining Committee will be in Toronto this week to continue our considerations around the company’s demands. The Jazz bargaining committees are scheduled for discussions on May 20th. Retirees’ pension The CAW is focused on representing all its retirees in preventing any reduction in the pension plan benefits. Retirees are cautioned against joining any organization which claims to represent their interests. Management buyouts Air Canada has begun its cutbacks to management. Those on the firing line are being offered buyout packages commensurate with their length of service and position held. These packages do not provide lump sum payments. The individual remains on the payroll for a maximum of 52 weeks. Under the Canada Labour Code there are certain minimum standards that employers must meet. Our 66 CAW members who qualified for the Voluntary Separation Program were denied it by the Monitor in the CCAA proceedings. The CAW has taken the position that at the very least these members should be given the same option available to management. Link to comment Share on other sites More sharing options...
Guest b52er Posted May 14, 2003 Share Posted May 14, 2003 Interesting in that they still classify their conditions as "deteriorating". What's next. Any comments when you read between the lines? Link to comment Share on other sites More sharing options...
zipped Posted May 14, 2003 Author Share Posted May 14, 2003 They were referring to their [the caw's] effort in trying to help the company find a solution to AC's deteriorating financial condition. Link to comment Share on other sites More sharing options...
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