Air Canada Capacity Reduction Impact on Pilots Unclear
Market Wire, June, 2008
The association representing Air Canada's pilots says it is unclear how the recent announcement of capacity reductions and layoffs will affect pilots at the airline.
"Air Canada has not yet made a final decision on number and type of aircraft in the fleet, as well as the routes which will be cut back, so we're not sure how these reductions will impact the pilot group," says Capt. Andy Wilson, president of the Air Canada Pilots Association (ACPA).
Capt. Wilson says reducing pilots is a traditionally an expensive proposition for airlines as they must then incur significant expenses in retraining pilots who have been out of service.
"It usually takes six months to a year to get pilots retrained and back on the line in the event of actual layoffs," he adds.
Capt. Wilson says there are a number of mitigations that have traditionally been used during downturns, such as reduced flying hours for all pilots, leaves of absence or early retirements.
ACPA is the largest professional pilot group in Canada, representing the 3,300 pilots who operate Air Canada's mainline fleet.
Contacts: Media Contacts: Air Canada Pilots Association (ACPA) Carl Mavromichalis Director of Communications (416) 578-2272 or (905) 678-9008 x222
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions



