Air Canada and the union representing more than 5,200 pilots announced Saturday night they have reached a tentative agreement on a four-year contract, averting a threatened strike that could have started within days.
The preliminary deal must still be ratified by members of the Air Line Pilots Association. Air Canada (TSX: AC) said contract terms will remain confidential until the ratification vote, which is expected to take place within a month, and approval of the Air Canada board of...