Air Canada Pilots Sign Protocol Agreement in Response to Airlines Joint Venture

Market Wire, October, 2008

The Air Canada Pilots Association (ACPA), along with its colleagues from Continental, Lufthansa and United, today announces additional measures to protect pilot careers and to benefit from their airlines' proposed joint venture.

The Air Canada pilots together with the Continental and United pilots, represented by ALPA and the Lufthansa pilots, represented by the Vereinigung Cockpit, the German Air Line Pilots Association, on Oct. 3, 2008, entered into a Protocol Agreement in response to the proposed joint venture of their respective airlines. The pilots' leaders' pledge, signed at a recent meeting of the Associations of Star Alliance Pilots (ASAP), outlines their mutual support in dealing with issues and opportunities that could result as their companies seek to pool and share the revenues generated by flying on the North Atlantic. The pilots are hopeful that, if their companies' agreement is approved by regulatory authorities, it will benefit the pilots of all four carriers.

The unions have pledged to closely monitor developments with respect to this matter, and to take all steps necessary to ensure that all of their member pilots participate fully in any rewards gained and that the agreement is not used in a way which unfairly harms the pilots of any of the carriers.

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 Captain Andy Wilson President (613) 371-7333 Air Canada Pilots Association Captain Serge Beaulieu French Language Spokesperson (514) 236-2243