Air Canada flight attendants picketed at the Vancouver International Airport during a national day of action on Aug. 11, 2025. Photo by NICK PROCAYLO / Postmedia

An analyst at TD Cowen is warning that Air Canada risks a “pyrrhic victory,” with bargaining at a standstill and a strike by its flight attendants set to start Saturday at midnight.

It looks like the situation is becoming “acrimonious” so settling with flight attendants should be the priority to secure “labour peace,” Tom Fitzgerald said in a note.

Flight attendants who work on the Air Canada and Air Canada Rouge airlines are set to hit the picket lines on the weekend after issuing a 72-hour strike notice on Wednesday. In anticipation of the looming deadline, the company began cancelling flights as preparation for groundi

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