Air Canada struggled with a major shutdown this quarter after nearly 10,000 flight attendants walked off the job.
Air Canada AC-T narrowed its 2025 core profit forecast after reporting lower third-quarter profit on Tuesday, as the airline grapples with waning demand for travel to the U.S. amid trade tensions.
Canada’s largest carrier expects full-year adjusted earnings before interest, taxes, depreciation and amortization to be between $2.95-billion and $3.05-billion, compared with its prior forecast of $2.9-billion to $3.1-billion.
Cross-border travel between Canada and the U.S. has slowed significantly this year after President Donald Trump’s steep tariffs on Canadian imports sparked a widespread backlash, including cancellations of planned visits south of the border.
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