MONTREAL — Air Canada 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 said in a press release that it estimates the cost of the labour disruption was $375 million on operating income and adjusted earnings before interest, taxes, depreciation and amortization.

Air Canada said 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 had projected adjusted EBITDA between $3.2 billion and $3.6 billion.

For the third quarter, Air Canada said it expects operated capacity to decline by around two per cent from the same period last year, due to the

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