Sunday, August 24, 2025
HomeLocalCanadaAir Canada suspends its third quarter forecasts and the entire year 2025

Air Canada suspends its third quarter forecasts and the entire year 2025

In addition,

Air canada suspends its third:

MONTRÉAL. For example, August 18, 2025 / CNW/ – Air Canada suspends its forecasts for operating results in the third quarter and the entire year 2025 due to the impact of the labor conflict started by the Canadian Public Service Syndicate (SCFP) and the subsequent suspension of all flights.

On August 17. Furthermore, 2025, the Canadian Industrial Relations Council (CCRI) ordered Air Canada to resume its activities, and all Air Canada and Red Air Canada Air Agents to return to work from August 17, 2025. Furthermore, The CCRI also ordered the extension of the collective agreement between Air Canada and the SCFP, which ended on March 31, 2025.is April 2025 and will end the day when a new collective agreement between the two parties comes into force. Meanwhile, The CCRI also imposed an enforceable arbitration to settle the provisions, still in dispute, of the collective agreement. In addition, Arbitration would take place in the coming days and weeks.

Later that same August 17. Furthermore, 2025, the SCFP illegally ordered its members to challenge the CCRI directive to return to work, which led to the air canada suspends its third air Canada suspension of its limited recovery plan for Air Canada and Red Air Canada.

Given the repercussions of the labor conflict on its activities. Air Canada suspended its forecasts for the operating results of the third quarter and the entire year 2025 which it had transmitted in its press release of July 28, 2025.

Air Canada deeply regrets the repercussions of the labor conflict on its customers, its stakeholders and the communities it serves.

About Air Canada

Air Canada is the largest airline in Canadathe country’s national carrier. a co -founder member of the Star Alliance network – the largest global grouping of airlines. Regular air Canada lines connect more than 180 airports in the Canadain the United States and abroad on six continents. Air Canada holds the four -star coast of Skytrax. The Air Canada Airplan program is the main loyalty program of Canada In terms of travel. air canada suspends its third by offering its members the possibility of accumulating or exchanging points with the largest world network of partner carriers – 45 – and with its retailers, hotel and vehicle rental partners. Through the Air Canada vacation. the company offers more choices than any other Canadian tour operator for hundreds of destinations around the world, with a wide selection of hotels, flights, cruises, excursions and vehicle rentals. Air Canada Cargo. Air Canada Fret Division, has the car capacity and connectivity to serve hundreds of destinations on six continents using passenger flights and all-cargo flights from Air Canada. Additionally, Air Canada’s climatic ambition includes a long -term aim which aspires to achieving zero greenhouse gas emissions by 2050. To find out more, consult the documentation of the Air Canada GIFCC. Air Canada shares are negotiated on the market on the scholarship Toronto (Tsx) I Canada And on. the OTCQX platform air canada suspends its third in the United States.

Warnings concerning prospective statements

This press release contains prospective statements within the meaning of applicable securities laws. As. by definition, prospective statements start from hypotheses, they are subject to important risks and uncertainties, which are amplified in the current context. The realization of prospective statements remains subject. in particular, to the possible occurrence of external events or to the uncertainty which characterizes the sector where Air Canada evolves. The real results can therefore differ significantly from the results mentioned by these forward -looking statements due to various factors. among others those which are mentioned in section 18, risk factors, the management report of 2024 et In section 14, risk factors, from the Air Canada’s second quarter of the 2025 second quarter of 2025. Any prospective statement content. integrated by referral into this press release represents the expectations of Air Canada dated this press release (or on the air canada suspends its third specified date of their formulation) and they can change later. However. Air Canada has neither the intention nor the obligation to update or revise these statements in the light of new information or future events or for some other reason, unless it is held by applicable securities regulations.

Internet : aircanada.com/investisseurs

SOURCE Air Canada

 air canada suspends its third

Information : [email protected]; Relations with investors: [email protected]

Air canada suspends its third

Further reading: Ottawa extends measures for Palestinians in CanadaQuebec authorizes a 100 million grant to IBM CanadaThe ideal of the perfect lawn is gradually transformed in Quebec but remains very presentTo fight against forest fires, should we cut our trees?The withdrawal of American alcohols is starting to cost the SAQ dear.

juniper.blair
juniper.blair
Juniper’s Seat-Geek side gig feeds her stadium-tour blog, which rates venues by bathroom-line math.
Facebook
Twitter
Instagram
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments