MONTREAL – Air Canada says it has lowered its guidance for the year after taking a hit from the flight attendant strike that took place earlier this summer.
The Montreal-based airline says in a press release that it estimates a loss of $375 million on operating income and adjusted earnings before interest, taxes, depreciation and amortization.
Air Canada says that it now expects to make between $2.9 billion and $3.1 billion in adjusted EBITDA for the full year.
This is in comparison the the airline’s previous 2025 guidance that it suspended in August, which projected adjusted EBITDA between $3.2 billion and $3.6 billion.
The Air Canada flight attendant strike lasted three days and ended on Aug. 19, though it took longer to ramp up to full operations.
Earlier this month, Air Canada fli