Latest news on Air Canada. Such as staffing issues, pilots, go slow, layoffs, safety concerns, financial health, on time record etc. Will they strike after I've bought my ticket and leave me stranded at the airport? Will they be in business in three months? Business travelers, commuters, vacationers and international travelers read before you buy your ticket. If you think the airline is toooo iffy find another one...
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Update 9/19/08 Air Canada announced today that in response to decreasing fuel prices the airline is eliminating all second checked-bag charges earthtimes.org
9/10/08 Air Canada To Launch Transborder Inflight Internet (cost?) btnmag.com
4 July 08 Air Canada has slashed its Vancouver-to-Beijing/Shanghai service from 14 flights a week to seven as the airline cuts costs in response to record fuel prices.canada.com
6/17/08 Faced with a rapidly escalating fuel bill, Air Canada (AC.B.T) plans to cut its system capacity by 7% later this year, cutting up to 2,000 jobs.
5/9/08 lost $288-million in the first quarter, including a $125-million provision related to allegations of cargo price-fixing by an array of global airlines. Air Canada has firm orders for 37 Dreamliners and options to buy another 23 of the planes. It had banked on delivery of the 787s to begin in early 2010, but the postponement until January, 2012, means the airline will have to scale back its global growth strategy. Air Canada, which had expected to receive a total of 14 Dreamliners in 2010 and 2011, will be forced to keep many of its other Boeing 767s and Airbus models in its wide-body fleet until the 787s arrive. See full article at theglobeandmail.com
5/2/08 Shares in Air Canada slipped nearly 3 percent on Friday after an analyst put a "sell" recommendation on the stock and warned that rising fuel prices could slash profit at the country's largest airline. reportonbusiness
into the Shaky Airline Status
4/09/08 Newfoundland family furious as coffin was bumped for luggage! canada.com
WestJet Airlines and Air Canada both flew fuller planes in March than a year earlier, the two airlines said on Wednesday. Montreal-based Air Canada, the operating arm of ACE Aviation Holdings, said its March traffic, measured by revenue passenger miles, rose 6.4 percent from a year earlier, while overall capacity increased by 1.7 percent. Its passenger load factor rose 3.5 percentage points, to 79.8 percent, from 76.3 percent in March 2004.
Domestically, traffic increased by 3.3 percent, while capacity decreased by 1.1 percent. The load factor rose 3.4 percentage points, to 79 percent from 75.6 percent a year ago.
Air Canada, the country's major carrier, said March was the 12th straight record month for its load factor.
Number 2 carrier WestJet, Canada's leading discount airline, said its traffic for March 2005 rose 54.7 percent from a year ago, while overall capacity rose 34.7 percent.
Its load factor was up 10.1 percentage points at 77.8 percent. This compares with 67.7 percent last March.
Both airlines have benefited from the demise of discount competitor Jetsgo in early March. Reuters
Heads up, Air rage offenders can now face up to five years behind bars after the law was tightened through a new Aviation Offences Act. In UK
Air Canada says it will offer Internet starting in spring 09 on several Airbus A319s that fly to the USA. Aircell plans to build cell towers in Canada so that Canadian airlines will be able to provide Wi-Fi on domestic flights.
Canadian daily newspapers per newslink
International Association of Machinists and Aerospace Workers
(IAMAW)
26 June, 2010 Jazz Air pilots union has accepted a tentative deal.
7/09 Air Canada has slowly been working hard and has convinced all five major unions to extend their contract another 21 months. A huge step towards obtaining future loans of at least C$600 million ($539 million) to meet immediate financial need or seek bankruptcy protection.
International Association of Machinists and Aerospace Workers (IAMAW) will revote on an offer from Air Canada management on 14, July, 2009.
3 July,09
Air Canada Workers Targeting Olympics for Strike, same as South Afeica
July 2 (Bloomberg) -- Air Canada’s mechanics and technical staff narrowly defeated a tentative 21-month labor pact yesterday as the country’s biggest airline tries to avoid a strike during the Vancouver 2010 Olympics, the Globe and Mail said.
Union spokesman Chuck Atkinson said workers are hoping the Montreal-based airline will offer job protection in return for labor peace during the Winter Games in February, the newspaper reported today.
The workers voted 50.8 percent against a settlement recommended by union negotiators that would have frozen wages until March 2011, the Globe said. Union negotiators will return to the bargaining table this week with the help of a government- appointed mediator, it said.
To contact the reporter on this story: Kevin Bell in Toronto at kbell2@bloomberg.net
Last Updated: July 2, 2009 07:31 EDT
2/19/09 Air Canada, stock record low, investors shy. Pension deficit, unions, recession, loss of $1-billion last year. Could file for bankruptcy next year, second time in six years! If so airline tickets would still be honored. labor contracts expire midyear. Air Canada has $1-billion in cash reserves from advanced ticket sales which it is using for daily operations. Credit card covenants want Air Canada to have $1.3 billion in cash at the end of June 09. Has to pay debts of $663-million, capital expenditures of $249-million. Obliged to pay pension funds $410 million. Analysts recommend selling assets.
2/15/09 Air Canada, rumblings of strike, employees not happy. Will keep you updated.
10/22/08 Air Canada to launch non-stop service between Halifax and Orlando tradingmarkets.com
10/17/08 Dogs, guns and Air Canada canada.com
10/17/08 Air Canada makes good on big bill
for a little dog canada.com
10/15/08 Air Canada and TAM expand network between major cities in Brazil and Canada .marketwatch.com
10/15/08 Air Canada's fare model puts positive spin on fees tampabay.com
10/9/08 200 Air Canada flight attendants based in Halifax wants to take Nova Scotia Premier Rodney MacDonald up on his offer foxbusiness.com
10/2/08 Air Canada pilots together with the Continental and United pilots, Sign Protocol Agreement in Response to Airlines Joint Venture .marketwatch.com
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