Air Canada cuts outlook after cabin crew strike cost $375 million

Air Canada cuts outlook after cabin crew strike cost $375 million

Air Canada estimated it lost about $375 million in operating income from a strike by flight attendants.

Air Canada forecasts CA$375M loss in Q3 due to CUPE strike

Air Canada has estimated that a three-day strike by flight attendants in August 2025 will cost the carrier approximately CA$375 million in operating income.  In its preliminary results for the third quarter of 2025, released on September 24, 2025, the airline said that this amount comes from three components: CA$430 million in lost revenue, CA$145 million in avoided costs, and CA$90 million in extra customer and labor-related expenses.  During t…

Air Canada Slashes Guidance After Labour Disruptions

Air Canada (TSX: AC) has finally disclosed the financial impact of strikes that occurred over the summer. The firm last night released updated guidance for the year alongside certain estimated results for the third quarter, highlighting that the labour disruption had a significant impact on their operations. For the third quarter, operated capacity is expected […]

Air Canada lowers full-year guidance as hit from strike estimated at $375M - Wings Magazine

Air Canada has lowered its guidance for the year after taking a hit from the flight attendant strike that took place earlier this summer.

Air Canada projects lower Q3 2025 earnings amid labour turbulence

Air Canada (TSX:AC) expects Q3 2025 operating income of C$250–C$300 million, down from C$1.04 billion in Q3 2024, due to over 3,200 flight cancellations linked to a CUPE labour disruption. The labour disruption’s financial impact is estimated at C$375 million, driven by lost revenue, customer compensation, and added costs, despite some savings from reduced operations. Full-year 2025 guidance has been revised downward, with adjusted EBITDA now fo…

Air Canada flags softer Q3 on strike impact, cuts 2025 outlook

Air Canada has provided an early look at its third-quarter 2025 performance, signalling a significant hit from August’s cabin-crew strike and trimming full-year guidance as a result. For the quarter ending September 30, 2025, the airline now anticipates operating income of CA$250–300 million and adjusted EBITDA of CA$950 million–CA$1.0 billion, well below last year’s third-quarter base of operating income at CA$1.040 billion and adjusted EBITDA …