Air Canada said that it and the Air Canada Pilots Association (ACPA), which represents 3,000 of the airline’s pilots, have received the decision of the arbitrator, Douglas Stanley, in the final offer selection arbitration conducted in accordance with the Protecting Air Service Act. According to Air Canada, the arbitrator's selection the airline’s final offer concludes a new collective agreement with ACPA following negotiations and mediated talks that took place over a period of 19 months. The five-year collective agreement is in effect until April 1, 2016.

"Today's decision by the arbitrator, Mr. Douglas Stanley, brings closure to the process for a new collective agreement with our pilots after many months of talks and mediated negotiations," said Calin Rovinescu, president and CEO of Air Canada. "This agreement preserves our pilots' compensation and benefits in the top quartile of the North American industry and will help ensure the sustainability of the company's defined benefit pension plans. At the same time, it provides the company with the necessary flexibility to compete effectively in the current industry environment. The conclusion of this, the last outstanding agreement with our main labor groups in Canada, brings closure to a long and difficult round of labor negotiations. Our focus can now turn to moving forward with our employees to complete Air Canada's transformation into a solidly profitable airline for the benefit of all stakeholders." Air Canada said it will not have further comment as details of the new collective agreement are being communicated to its employees.