Air Canada says the three‑day flight attendant strike in August 2025 reduced its third‑quarter operating income by about CA$375 million, prompting the carrier to lower its full‑year guidance and revise near‑term financial expectations.
The airline attributed the impact to three components: an estimated CA$430 million revenue shortfall from refunds, customer compensation and weaker bookings; roughly CA$145 million in avoided costs largely from reduced fuel expense; and about CA$90 million in incremental customer‑service and labour‑related costs.
Operationally, the disruption forced cancellation of more than 3,200 flights, cut operated capacity by roughly 2 percent for the quarter and left Air Canada projecting third‑quarter operating income of CA$250–300 million and adjusted EBITDA for 2025 of CA$2.9–3.1 billion, down from earlier guidance.
Air Canada said it has processed tens of thousands of customer claims and continues to resolve refunds and compensation, while the carrier and the Canadian Union of Public Employees proceed to arbitration on outstanding labour terms that contributed to the walkout and subsequent losses.
Air Canada Picture by Caribb
