FlyerTalk Forums - View Single Post - Ottawa eyes Air Canada pension moratorium extension

Jan 23, 2014 | 8:51 pm

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http://business.financialpost.com/20...hings-to-come/

Air Canada said Wednesday it is now considering opting out the arrangement with Ottawa and its employees. No decision is expected on the matter this year, but the company said it would consider doing so when the annual contributions it would be required to pay toward the plan would be less than $200-million annually under normal funding rules.

“This would result in up to $200-million per year becoming available to Air Canada for other shareholder value enhancing initiatives,” the airline said.

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