MONTREAL – Most Air Transat pilots will see raises of well over 50 per cent under the tentative deal reached with parent company Transat A.T. Inc.

A copy of the agreement in principle obtained by The Canadian Press shows that the most senior pilots would make nearly $388,000 a year by May 2029, while experienced first officers’ salary would top $238,000.

The five-year deal retroactive to this past May would see captains start off at $220,500 in their first year of service and first officers at $85,000.

It also lays out a signing bonus of 11 per cent of salary, spread over two years.

Representatives from Transat and the Air Line Pilots Association told The Canadian Press on Thursday that the agreement includes major gains that put pilots in the same ballpark as their colleagues at Air C

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