Airbus Workers in Canada Reject Contract Offer, Threaten Strike [Financial Post (Toronto, Ontario, Canada)]
AIRBUS SE UNSP/ADR (EADSY)
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Source: Financial Post
Author of the article: (Bloomberg) — Airbus SE employees in Canada rejected a contract offer Sunday, threatening to go on strike if the French manufacturer doesn't show more willingness to meet their demands. A five-year contract for workers who build A220 jets expired at the beginning of December. Airbus's offer, which included a 10.25% wage increase over three years, was described as “totally unacceptable” by the union, which is also asking for improvements in insurance coverage, more flexible working hours and a preservation of pension benefits. Article content Article content “Now is not the time to talk to us about setbacks, but about improving their conditions and catching up on pay,” Eric Rancourt of the International Association of Machinists and Aerospace Workers said in a news release. “Members were insulted to see the proposed wage increases.” The union represents 1,300 out of 3,000 workers at the Mirabel manufacturing plant near Montreal. More than 82% of unio
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