Air Transat says that "progress has been made" in negotiations with the union representing its pilots, just a day after the Air Line Pilots Association, Intl. issued a 72-hour strike notice.

The two parties, which began talks toward a new collective agreement in January, have both said they are negotiating around the clock with pilots prepared to walk off the job as soon as 3 a.m. ET on Wednesday.

"We are working tirelessly and still hope to reach an agreement during the day to minimize operational disruptions," said Andréan Gagné, the senior director of communications, public affairs and corporate responsibility at Air Transat, in an email to CBC News.

The discussions will continue today, added Gagné. "We aim to find a reasonable consensus, and it is up to the union to take a step towa

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