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flag Air Canada's third-quarter profit plunged to $264 million due to a strike, reduced travel demand, and rising costs.

flag Air Canada reported a sharp drop in third-quarter 2025 profit to $264 million, down from $2.04 billion a year earlier, due to a three-day strike by nearly 10,000 flight attendants that caused over 3,000 flight cancellations and disrupted peak summer travel. flag Operating revenue fell to $5.77 billion, a 5% decrease, as weakened cross-border travel demand and labor costs—estimated at $375 million—weighed on results. flag The airline revised its full-year adjusted EBITDA forecast to $2.95 billion to $3.05 billion, citing ongoing challenges from tariffs, economic conditions, and travel pattern shifts. flag CEO Michael Rousseau said the results aligned with updated guidance.

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