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WestJet issues 72-hour lockout notice to aircraft maintenance union – Global News

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WestJet has issued a 72-hour lockout notice to the union that represents its aircraft maintenance engineers, the Aircraft Mechanics Fraternal Association.

As a result of the notice, a work stoppage could occur as early as Tuesday at 12 p.m. MT, unless a deal is reached.

“The decision to issue a lockout notice was not one that was made lightly, and we sincerely regret and apologize for the uncertainty this causes for our guests,” said Diederik Pen, CEO and president of WestJet.

“Despite our unwavering commitment to reach a collective agreement, AMFA continues to show up to the bargaining table with unreasonable demands and expectations,” Pen said.

WestJet said issuing a 72-hour lockout notice does not mean travel disruption will occur. However, the company said it would take necessary actions in the coming days to manage the impact of a possible work-stoppage.

Those measures include reducing flight schedules, proactively managing changes and cancellations, and providing flexible change and cancel options for those wishing to make alternative arrangements.


Click to play video: 'WestJet Encore pilots vote for strike action'

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WestJet Encore pilots vote for strike action


“With AMFA publicly issuing a strike vote alert last week and publicly directing guests to fly with other carriers, we can’t allow the unpredictable nature and lack of progress to continue. We are left with no alternative but to issue a lockout notice in an attempt to bring this to a final resolution,” Pen said.


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WestJet has been in labour negotiations with Aircraft Mechanics Fraternal Association since last September.

Global News has reached to the union for comment; however on Tuesday, the AMFA asked members to vote by email until May 9 to authorize the union to call for a strike. If members vote to strike, their work action could begin any time after May 9.

In a previous statement, the union had said “wages have been suppressed in Canada for several years” and previous offers of wage increases from Westjet were “not acceptable.”

The company said it presented an offer to AMFA that it said would make its aircraft maintenance engineers the highest paid in Canada. The company said the deal would have a cumulative wage increase of over 20 per cent across the span of the collective agreement. The offer also promised work-life balance and commitments on job security, the company said.

“We sincerely value the work and contributions of our Aircraft Maintenance Engineers, and our proposed agreement reflects this. We are unwaveringly committed to reaching an agreement to prevent travel disruption, however, we are equally prepared to protect the travel plans of our guests and to provide long-term stability and security for all employees at the WestJet Group,” Pen said.


Click to play video: 'WestJet, Air Canada to charge more for checked baggage'

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WestJet, Air Canada to charge more for checked baggage


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Cineplex reports $24.7M Q3 loss on Competition Tribunal penalty

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TORONTO – Cineplex Inc. reported a loss in its latest quarter compared with a profit a year ago as it was hit by a fine for deceptive marketing practices imposed by the Competition Tribunal.

The movie theatre company says it lost $24.7 million or 39 cents per diluted share for the quarter ended Sept. 30 compared with a profit of $29.7 million or 40 cents per diluted share a year earlier.

The results in the most recent quarter included a $39.2-million provision related to the Competition Tribunal decision, which Cineplex is appealing.

The Competition Bureau accused the company of misleading theatregoers by not immediately presenting them with the full price of a movie ticket when they purchased seats online, a view the company has rejected.

Revenue for the quarter totalled $395.6 million, down from $414.5 million in the same quarter last year, while theatre attendance totalled 13.3 million for the quarter compared with nearly 15.7 million a year earlier.

Box office revenue per patron in the quarter climbed to $13.19 compared with $12 in the same quarter last year, while concession revenue per patron amounted to $9.85, up from $8.44 a year ago.

This report by The Canadian Press was first published Nov. 6, 2024.

Companies in this story: (TSX:CGX)

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Restaurant Brands reports US$357M Q3 net income, down from US$364M a year ago

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TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.

The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.

Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.

Consolidated comparable sales were up 0.3 per cent.

On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.

The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:QSR)

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Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

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ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.

The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.

Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.

Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.

On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.

The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:FTS)

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