The International Association of Machinists and Aerospace Workers says workers voted 77 per cent in favour of the agreement that included adjustments recommended by a conciliator.
The contract covers workers in Quebec who assemble the A220 aircraft, formerly known as the C Series made by Bombardier Inc. The new five-year deal includes wage increases of eight per cent in the first year, followed by three per cent in the second and four per cent in each of the final three years. The agreement also includes improvements to a group insurance plan, shift premiums, vacation policy and pensions.
The new collective agreement comes after workers rejected two previous offers from the company as well as a tentative deal late last month. The ratification ends fears of a lockout after management said they would take the job action Thursday if employees did not approve the deal.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Workers who build A220 at Airbus Canada ratify new contractMONTREAL — The union representing 1,300 workers at Airbus Canada says they have ratified a new five-year contract. The International Association of...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Airbus ready to lock out A220 workers if offer rejectedExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »
Airbus ready to lock out A220 workers if offer rejectedAirbus is ready to lock out its Canadian A220 workers if a latest contract offer is rejected on Wednesday, according to sources and a conciliator's...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Canadian Airbus A220 jet workers reject second company offerContract talks occur as Airbus is looking to grow production of its smallest commercial jet with orders from airlines coping with a rebound in travel demand from the COVID-19 pandemic
Source: globebusiness - 🏆 31. / 66 Read more »
Canadian Airbus A220 jet workers reject second company offerMONTREAL (Reuters) -Canadian Airbus A220 assembly workers on Sunday rejected a second company offer, raising concerns over production of the money-losing jet...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Airbus reaches deal with Canada workers, averting lockout threatAirbus SE reached an agreement with its employees building the single-aisle A220 jet in Canada after they voted in favour of a mediator’s recommendations, averting a threatened lockout.
Source: BNNBloomberg - 🏆 83. / 50 Read more »