No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, May 10, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Canada is the world’s 2nd largest country, and flying is often the only viable travel option. Its top airline just suspended operations amid a strike

by TheAdviserMagazine
9 months ago
in Business
Reading Time: 4 mins read
A A
Canada is the world’s 2nd largest country, and flying is often the only viable travel option. Its top airline just suspended operations amid a strike
Share on FacebookShare on TwitterShare on LInkedIn



Air Canada suspended operations as more than 10,000 Air Canada flight attendants went on strike early Saturday after a deadline to reach a deal passed, leaving travelers around the world stranded and scrambling during the peak summer travel season.

Canadian Union of Public Employees spokesman Hugh Pouliot confirmed the strike had started after no deal was reached, and the airline said shortly after that it would halt operations.

A bitter contract fight between Canada’s largest airline and the union representing 10,000 of its flight attendants escalated Friday as the union turned down the airline’s request to enter into government-directed arbitration, which would eliminate its right to strike and allow a third-party mediator to decide the terms of a new contract.

A complete shutdown will impact about 130,000 people a day, and some 25,000 Canadians may be stranded abroad daily. Air Canada operates around 700 flights per day.

Keelin Pringnitz, from Ottawa, was returning with her family from a European vacation when they became stranded at London’s Heathrow Airport after flights were cancelled. She said there was an option for the travelers in line to go the United States, but was told there wouldn’t be any further assistance once they landed in the U.S.

“It didn’t go over well with the line. Nobody really seemed interested, everybody seemed a little bit amused almost at the suggestion, or exasperated, because it is a bit ridiculous to offer to take stranded passengers to a different country to strand them there,” she said.

Montreal resident Alex Laroche, 21, and his girlfriend had been saving since Christmas for their European vacation. Now their $8,000 trip with nonrefundable lodging is on the line as they wait to hear from Air Canada about the fate of their Saturday night flight to Nice, France.

Air Canada Chief Operating Officer Mark Nasr has said it could take up to a week to fully restart operations once a tentative deal is reached.

‘Such little progress has been made’

Flight attendants walked off the job around 1 a.m. EDT on Saturday. Around the same time, Air Canada said it would begin locking flight attendants out of airports.

Federal Jobs Minister Patty Hajdu met with both the airline and union late Friday and urged them to work harder to reach a deal “once and for all.”

“It is unacceptable that such little progress has been made. Canadians are counting on both parties to put forward their best efforts,” Hajdu said in a statement posted on social media.

The federal government forced the country’s two major railroads into arbitration with their labor union last year during a work stoppage. The union that represents rail workers is suing, arguing the government is removing a union’s leverage in negotiations.

The Business Council of Canada has urged the government to impose binding arbitration in this case, too.

Ian Lee, associate professor, Carleton University’s Sprott School of Business, said he fully expects the government to intervene within five days if the strike is not settled quickly. Lee said Canada’s goverment always does this in transportation work labor disputes.

“They will intervene to bring the strike to an end. Why? Because it has happened 45 times from 1950 until now,” Lee said. “It is all because of the incredible dependency of Canadians.”

Canada is the second-largest country in the world and flying is often the only viable option.

“We’re so huge a country and it’s so disruptive when there is a strike of any kind in transportation,” Lee said.

Travelers in limbo

Passengers whose travel is impacted will be eligible to request a full refund on the airline’s website or mobile app, according to Air Canada.

The airline said it would also offer alternative travel options through other Canadian and foreign airlines when possible. But it warned that it could not guarantee immediate rebooking because flights on other airlines are already full “due to the summer travel peak.”

Laroche said he considered booking new flights with a different carrier, but he said most of them are nearly full and cost more than double the $3,000 they paid for their original tickets.

“At this point, it’s just a waiting game,” he said.

Laroche said he was initially upset over the union’s decision to go on strike, but that he had a change of heart after reading about the key issues at the center of the contract negotiations, including the issue of wages.

“Their wage is barely livable,” Laroche said.

Sides are far apart on pay

Air Canada and the Canadian Union of Public Employees have been in contract talks for about eight months, but they have yet to reach a tentative deal.

Both sides say they remain far apart on the issue of pay and the unpaid work flight attendants do when planes aren’t in the air.

The airline’s latest offer included a 38% increase in total compensation, including benefits and pensions over four years, that it said “would have made our flight attendants the best compensated in Canada.”

But the union pushed back, saying the proposed 8% raise in the first year didn’t go far enough because of inflation.

Introducing the 2025 Fortune Global 500, the definitive ranking of the biggest companies in the world. Explore this year’s list.



Source link

Tags: 2ndairlineCanadacountryflyingLargestOperationsoptionstrikesuspendedToptravelViableWorlds
ShareTweetShare
Previous Post

*HOT* Lightweight Hardside Spinner 20″ Carry On only $37 shipped (Reg. $85)!

Next Post

Insider trades: Eli Lilly, Boeing, Nike among notable names this week

Related Posts

edit post
China-linked U.S. solar factories shunned in Trump crackdown – Reuters (TAN:NYSEARCA)

China-linked U.S. solar factories shunned in Trump crackdown – Reuters (TAN:NYSEARCA)

by TheAdviserMagazine
May 9, 2026
0

May 09, 2026, 8:45 PM ETInvesco Solar ETF (TAN), ICLN, QCLNPBW, FSLR, ERTH, SMOG, PBD, JKS, RUN, CNRG, ACESBy: Carl...

edit post
UK moves warship to Middle East for potential Hormuz mission

UK moves warship to Middle East for potential Hormuz mission

by TheAdviserMagazine
May 9, 2026
0

The UK will deploy one of its warships to the Middle East as part of planning for a European-led mission...

edit post
Trump Media posts 5 million loss driven by crypto holdings

Trump Media posts $405 million loss driven by crypto holdings

by TheAdviserMagazine
May 9, 2026
0

The Trump family media group posted a net drop of $405.9 million in the first quarter, largely driven by unrealized...

edit post
Warren Buffett’s Successor Greg Abel Just Broke This 13-Quarter Streak at Berkshire Hathaway. Could This Be a Turning Point for the Stock Market?

Warren Buffett’s Successor Greg Abel Just Broke This 13-Quarter Streak at Berkshire Hathaway. Could This Be a Turning Point for the Stock Market?

by TheAdviserMagazine
May 9, 2026
0

Warren Buffett is one of the greatest investors in history. He spent over 70 years publicly managing money, including 60...

edit post
Trump sees ‘beginning of the end’ in Russia’s war on Ukraine as both sides agrees to 3-day ceasefire

Trump sees ‘beginning of the end’ in Russia’s war on Ukraine as both sides agrees to 3-day ceasefire

by TheAdviserMagazine
May 9, 2026
0

President Donald Trump said the leaders of Russia and Ukraine have agreed to his request for a three-day ceasefire and an exchange...

edit post
Tomi (TOMZ) Q4 2025 Earnings Transcript

Tomi (TOMZ) Q4 2025 Earnings Transcript

by TheAdviserMagazine
May 9, 2026
0

The FDA's late 2025 approval of hydrogen peroxide as a direct food additive for multiple uses, including as an antimicrobial...

Next Post
edit post
Insider trades: Eli Lilly, Boeing, Nike among notable names this week

Insider trades: Eli Lilly, Boeing, Nike among notable names this week

edit post
Anthropic says some Claude models can now end ‘harmful or abusive’ conversations 

Anthropic says some Claude models can now end ‘harmful or abusive’ conversations 

  • Trending
  • Comments
  • Latest
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

April 29, 2026
edit post
NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’

NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’

April 23, 2026
edit post
AI Voice Clone Scams Are Becoming Harder for Seniors to Detect

AI Voice Clone Scams Are Becoming Harder for Seniors to Detect

0
edit post
How To Distinguish A Real Bull Market

How To Distinguish A Real Bull Market

0
edit post
US and Iran announce framework to ease tensions, reopen Strait of Hormuz

US and Iran announce framework to ease tensions, reopen Strait of Hormuz

0
edit post
Best high-yield savings interest rates today, May 9, 2026 (Earn up to 4.1% APY)

Best high-yield savings interest rates today, May 9, 2026 (Earn up to 4.1% APY)

0
edit post
Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 12%

Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 12%

0
edit post
The Most Expensive Customer Complaint Is The One You Ignore

The Most Expensive Customer Complaint Is The One You Ignore

0
edit post
US and Iran announce framework to ease tensions, reopen Strait of Hormuz

US and Iran announce framework to ease tensions, reopen Strait of Hormuz

May 10, 2026
edit post
How To Distinguish A Real Bull Market

How To Distinguish A Real Bull Market

May 10, 2026
edit post
CLARITY Act: Banking Trade Groups Push For Yield Agreement Revision – Details

CLARITY Act: Banking Trade Groups Push For Yield Agreement Revision – Details

May 9, 2026
edit post
China-linked U.S. solar factories shunned in Trump crackdown – Reuters (TAN:NYSEARCA)

China-linked U.S. solar factories shunned in Trump crackdown – Reuters (TAN:NYSEARCA)

May 9, 2026
edit post
People who keep their phone face-down on every table aren’t always being secretive, they may have spent years learning that every unexpected notification meant someone needed something from them

People who keep their phone face-down on every table aren’t always being secretive, they may have spent years learning that every unexpected notification meant someone needed something from them

May 9, 2026
edit post
UK moves warship to Middle East for potential Hormuz mission

UK moves warship to Middle East for potential Hormuz mission

May 9, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • US and Iran announce framework to ease tensions, reopen Strait of Hormuz
  • How To Distinguish A Real Bull Market
  • CLARITY Act: Banking Trade Groups Push For Yield Agreement Revision – Details
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.