- Air Canada is tempering its outstanding 2023 results with potentially higher operating costs in 2024, pending a new labour agreement with its more than 5,000 pilots
- Mediation will continue until June 1, with pilots keen on closing the 50-300 per cent pay gap with U.S. airlines
- Air Canada is Canada’s largest airline, providing service to more than 180 airports in Canada, the United States and internationally across six continents
- Air Canada stock (TSX:AC) is down by 11.42 per cent year-over-year, and has fallen by 45.68 per cent since 2019
Air Canada (TSX:AC) is tempering its outstanding 2023 results with potentially higher operating costs in 2024, pending a new labour agreement with its more than 5,000 pilots.
The Air Line Pilots Association (ALPA), which represents Air Canada’s pilots, will participate in a mediation process with Air Canada until June 1, with the union previously stating its intention to align pay with U.S….
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