Jazz Air, pilots union arrive at tentative deal

Jazz Air Income Fund and the union representing pilots have reached a tentative labour agreement, says the Air Line Pilots Association. Labour and industry officials said Tuesday that Jazz's memorandum of understanding with the 1,500-member union is a breakthrough that prevents a walkout by pilots. The previous contract expired June 30, 2009. Jazz pilots are scheduled to be asked to ratify the tentative agreement by late next week. Halifax-based Jazz, which flies on behalf of Air Canada, has yet to sign a new contract with its flight attendants. The Canadian Flight Attendants Union said it hopes to resume efforts within days with federal mediation and conciliation officers to help negotiate a new settlement. JAZ.UN (TSX) closed unchanged at $4.18.