Provided by NZX
  • AIR2.225

    $0.0050.22%

  • Open 2.22 High 2.225 Low 2.225 Bid Price 2.225

    Offer Price 2.24 Value 29315.33 Volume 13197

Current as of 27/11/14 10:20AM NZST

Air Nelson pilots call off strike plans

An Air Nelson plane. Photo / File
An Air Nelson plane. Photo / File

Air Nelson pilots have reached a settlement with the company and industrial action planned for Monday has been cancelled, it was revealed today.

The Airline Pilots' Association said a deal was struck in bargaining for a new collective agreement last night.

It will give pilots salary increases of almost eight per cent over a three-year period and enhance superannuation entitlements.

The parties have also committed to exploring a different pay scheme that could result in more efficient rosters that better rewards pilots for productive flight hours.

Airline Pilots' Association president Glen Kenny said the ratification process would take a few weeks to complete.

Air Nelson is an Air New Zealand subsidiary.

- Newstalk ZB

© Copyright 2014, APN New Zealand Limited

Assembled by: (static) on production apcf02 at 27 Nov 2014 10:39:14 Processing Time: 620ms