Air Transat and maintenance and store personnel agree on renewal of collective agreement

Air Transat and its maintenance and store personnel, represented by the International Association of Machinists and Aerospace Workers (IAMAW), approved on June 29 the agreement-in-principle for the renewal of their collective agreement. The new five-year contract will come up for renewal in April 2016. As with the pact reached between the airline and its pilots and flight attendants, the collective agreement with Air Transat maintenance and store personnel calls for a deferment of planned wage increases in exchange for a variable compensation formula based on the attainment of certain financial targets.