Well, since AC and its 2,200 pilots broke off contract talks on Wednesday, AC said its final offer was rejected by the Air Canada Pilots Association union during the weekend and NO new talks are scheduled. The pilots have been without a contract since 4/1.

AC spokeswoman Laura Cooke cited by Bloomberg said the company will wait to hear from a mediator who had been trying to broker a new contract before deciding what to do next. She said the company has no plans to lock out pilots. The company won't make any more contract offers, she said, and no new talks are scheduled.

Union spokesman Raymond Hill said AC seeks concessions in several areas, including pensions, wages & rules governing which pilots fly which planes. The latter has become more important because of ACs pending purchase of rival Canadian Airlines. AC pilots are naturally very concerned they'll lose seniority to pilots joining from Canadian Airlines.

Maybe something good will happen over the weekend!