11:55 AM EST - Air Canada : said today that it along with the Air Canada Pilots Association (ACPA) have received the decision of the arbitrator in the final offer selection arbitration conducted in accordance with the Protecting Air Service Act. The arbitrator's selection of Air Canada's final offer concludes a new collective agreement with ACPA following negotiations and mediated talks that took place over a period of 19 months. The five-year collective agreement is in effect until April 1, 2016. ACPA represents 3,000 pilots employed by Air Canada. Air Canada
shares T.AC.A are trading up $0.08 at $1.17.