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Air Canada's third-quarter profit plunged to $264 million due to a strike, reduced travel demand, and rising costs.
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.
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.
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.
CEO Michael Rousseau said the results aligned with updated guidance.
Las ganancias del tercer trimestre de Air Canada se desplomaron a $264 millones debido a una huelga, la reducción de la demanda de viajes y el aumento de los costos.