MONTREAL — Air Transat pilots set the stage for a strike as early as Wednesday morning, issuing a 72-hour notice to the struggling company on the cusp of the busy holiday travel season.

The Air Line Pilots Association said Sunday it filed the strike notice after failing to find common ground following nearly a year of negotiations with travel company Transat A.T. Inc., which owns the leisure airline.

“There is still time to avoid a strike but unless significant progress is made at the bargaining table, we will strike if that’s what it takes to achieve a modern contract,” said Bradley Small, who chairs the union's Air Transat contingent, in a release.

Transat said it is working around the clock to reach a deal but that flight cancellations will start to kick in Monday and ramp up over th

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