Air Canada Faces Turbulence Over Strike

Air Canada suspended its third-quarter and annual profit forecasts due to striking flight attendants who defied a government-backed return-to-work order. The carrier, part of the Star Alliance, faces a standoff with the government, as the Canadian Union of Public Employees demands fair wages and compensation for ground duties.

Air Canada's profit forecasts for the current quarter and year have been put on hold, as striking flight attendants refuse to comply with a government-backed order to resume work. The strike has grounded hundreds of planes, leaving passengers stranded and marking a standoff with the Canadian government.

The Canadian Union of Public Employees, representing 10,000 cabin crew members, calls for a negotiated settlement. They oppose binding arbitration and demand better wages and compensation for ground duties, triggering widespread online support.

Options to resolve the strike now include court enforcement and potentially seeking support from political rivals for legislative action. The situation remains unresolved as Air Canada and the union continue their standoff.