Matthew Montano wrote: > For those on the ground, with Internet access, (unlike myself), which > is it? Here's the newest article on Google News: http://www.theglobeandmail.com/servlet/story/RTGAM.20040517.waircan0517/BNStory/Business/ BREAKING NEWS POSTED AT 9:59 AM EDT Monday, May. 17, 2004 Air Canada, CUPE near deal Globe and Mail Update Air Canada is nearing an agreement with the Canadian Union of Public Employees, a union representative confirmed Monday. ?We haven't settled, but we're getting close,? Pamela Sachs, president of Air Canada Component, Canadian Union of Public Employees, said Monday morning. CUPE represents about 6,500 flight attendants at Air Canada's mainline service. An agreement with CUPE would leave the Canadian Auto Workers union as the last holdout in the restructuring talks. The CAW represents about 6,000 mainline customer-service workers and another 1,400 maintenance workers and crew schedulers at Air Canada Jazz, its regional airline. Insolvent Air Canada penned deals with five of its seven unions between Friday and the early hours of Sunday morning. Marathon talks between the airline and the remaining two unions are continuing Monday, far beyond the expiry of a midnight-Saturday deadline. Air Canada must trim $200-million in annual labour costs in order to secure financing from Deutsche Bank and GE Capital Aviation Services. Without it, Air Canada will likely be pushed into receivership by its creditors, raising further doubts about its survival and its 30,000 employees.