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Air Canada pension plans

Toronto, Canada - Air Canada tries to change its employees' pension plans

Air Canada's restructuring continues discussing the pension plans question. The airline has a problem to finance the pension shortfall and wants to spread funding costs over ten years trying shifting investment risks to employees instead of the air company. Unions rebelled and all sides are going to meet and discuss about these decisions. Air Canada's major investor Trinity has said it needs to modify...

AVIONEWS - World Aeronautical Press Agency - 58527
Rome, Italy, 02/17/2004 17:08
AVIONEWS - World Aeronautical Press Agency

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