An Air Canada plane leaves Vancouver International Airport in Richmond, BC, September, 13, 2025. Photo by Richard Lam/PNG

Air Canada estimated it lost about $375 million in operating income from a strike by flight attendants that forced the cancellation of 3,200 flights in August.

The Montreal-based carrier cut its full-year guidance in a statement released after the market closed Wednesday. The company now expects to earn between $2.9 billion and $3.1 billion on an adjusted basis before interest, taxes, depreciation and amortization. That’s down from a previous range of $3.2 billion to $3.6 billion.

The airline’s extra costs stem from paying out customer refunds and compensation, as well as lower bookings, partially offset by savings on jet fuel. The company expects to record a one-

See Full Page