Magellan Aerospace CorporationTSX: MAL

Magellan Winnipeg and CAW Local 3005 reach a tentative contract agreement

· Issued by Magellan Aerospace Corporation via CNW
TORONTO, Oct. 8 /CNW/ - Magellan Aerospace Corporation announced today a
tentative three-year agreement with its unionized work force, represented by
the Canadian Auto Workers, at its Winnipeg Manitoba operations. Details of the
agreement will be presented to the 400 members of Local 3005 for a
ratification vote on October 11. The Union Executive will recommend the
acceptance of the contract to the members, who have been on a legal strike
since September 15th, 2005.
Magellan Aerospace Corporation is one of the world's most integrated and
comprehensive aerospace industry suppliers. Magellan designs, engineers, and
manufactures aeroengine and aerostructure assemblies and components for
aerospace markets, advanced products for military and space markets, and
complementary specialty products. Magellan is a public company whose shares
trade on the Toronto Stock Exchange (TSX: MAL), with operating units
throughout Canada, the United States and the United Kingdom.