#airlineindustry

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๐Ÿ‘‰Air Canada pilots are considering a strike as negotiations with the airline on compensation and other issues drag on. The union, representing over 5,500 pilots, indicates that despite a year of talks and mediation, they are still "far apart" from the airline's offers. Union leader Charlene Hudy points to significant pay disparities with American pilots, some earning twice as much. The union is rallying support with "Strike Ready" lanyards, stickers, and pins. Air Canada claims progress, stating agreements have been made on several points. The earliest strike action could occur on September 17, potentially adding to this yearโ€™s travel woes.โœ… . ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ก๐จ๐ฆ๐ž ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฅ๐ž๐ฌ๐ฌ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐Š๐š๐ฆ๐š๐ฅ, ๐ฒ๐จ๐ฎ๐ซ ๐๐ž๐๐ข๐œ๐š๐ญ๐ž๐ ๐†๐“๐€ ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ”๐Ÿ•๐Ÿ‘-๐Ÿ‘๐Ÿ“๐Ÿ๐Ÿ” ๐„๐ฆ๐š๐ข๐ฅ: ๐ค๐š๐ฆ๐š๐ฅ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @kamalpillai_realtor . . #AirCanadaStrike #PilotUnion #LaborDispute #AviationNews #TravelDisruption #AirlineIndustry #CompensationGap #mnm #malayalisnearmeapp #canadaupdate #canadanews

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3 months ago

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๐Ÿ‘‰Air Canada has reduced its full-year core profit forecast due to intense global competition and over-capacity in certain markets. The airline cited lower-than-expected load factors and a highly competitive international market affecting its pricing power. For 2024, Air Canada now anticipates adjusted EBITDA between C$3.1 billion and C$3.4 billion, down from the previous estimate of C$3.7 billion to C$4.2 billion. Preliminary second-quarter operating revenue rose 6% year-over-year to C$5.5 billion, slightly below analyst expectations. The airline also projects second-quarter operating income to be C$466 million, a decline from C$802 million the previous year.โœ… . ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ก๐จ๐ฆ๐ž ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฅ๐ž๐ฌ๐ฌ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐Š๐š๐ฆ๐š๐ฅ, ๐ฒ๐จ๐ฎ๐ซ ๐๐ž๐๐ข๐œ๐š๐ญ๐ž๐ ๐†๐“๐€ ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ”๐Ÿ•๐Ÿ‘-๐Ÿ‘๐Ÿ“๐Ÿ๐Ÿ” ๐„๐ฆ๐š๐ข๐ฅ: ๐ค๐š๐ฆ๐š๐ฅ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @kamalpillai_realtor . . #AirCanada #ProfitOutlook #AviationNews #GlobalCompetition #AirlineIndustry #TravelDemand #FinancialForecast #mnm #malayalisnearmeapp #canadaupdate #canadanews

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4 months ago

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๐Ÿ‘‰According to a recent survey by consumer analytics firm J.D. Power, Air Canada ranks poorly in customer satisfaction compared to other major North American airlines. The survey found that Air Canada ranked last in both business class and premium economy, and ninth out of 11 in economy class. Customers cited airfares as a particular concern, with many feeling they did not get good value for the price paid. In contrast, Delta Air Lines and Southwest Airlines scored highest, with investments in staff training and recruitment being cited as a key factor in their success.โœ… . ๐๐ž๐ฌ๐ญ ๐ˆ๐ง๐๐ข๐š-๐‚๐š๐ง๐š๐๐š ๐Ÿ๐ฅ๐ข๐ ๐ก๐ญ ๐๐ž๐š๐ฅ๐ฌ ๐š๐ฐ๐š๐ข๐ญ! ๐‘๐š๐ก๐ฆ๐š๐ง ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ–๐Ÿ–๐Ÿ—-๐Ÿ๐Ÿ•๐Ÿ•๐Ÿ”, ๐Ÿ—๐ŸŽ๐Ÿ“-๐Ÿ’๐Ÿ๐Ÿ-๐Ÿ๐Ÿ•๐Ÿ–๐Ÿ• ๐ฌ๐š๐ฅ๐ž๐ฌ@๐ซ๐š๐ก๐ฆ๐š๐ง๐ญ๐ซ๐š๐ฏ๐ž๐ฅ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ.๐œ๐จ๐ฆ @rahmantravelservices . . #AirCanada #CustomerSatisfaction #JDPowerSurvey #DeltaAirlines #SouthwestAirlines #AirlineIndustry #mnm #malayalisnearmeapp #canadaupdate #canadanews

75 Views

7 months ago

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๐Ÿ‘‰Air Canada announced a fourth-quarter profit of $184 million, marking an increase from $168 million the previous year, while experiencing an 11% rise in operating revenue. The airline reported earnings of 41 cents per diluted share for the quarter ended December 31, consistent with the same period in 2022. Operating revenue reached $5.18 billion, up from $4.68 billion in Q4 2022, attributed to a nine percent increase in operational capacity. Operating expenses rose by eight percent due to higher costs related to increased capacity and traffic, partially offset by lower jet fuel prices. On an adjusted basis, Air Canada reported a loss of 12 cents per diluted share, a significant improvement from the 61 cents loss a year earlier.โœ… . ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐ž- ๐€๐ญ ๐š ๐ญ๐ข๐ฆ๐ž ๐š๐ง๐ ๐ฉ๐ฅ๐š๐œ๐ž ๐œ๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ! ๐‰๐จ๐ฆ ๐Œ๐š๐ญ๐ญ๐š๐ฆ ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ +๐Ÿ ๐Ÿ”๐Ÿ’๐Ÿ• ๐Ÿ—๐Ÿ๐ŸŽ ๐Ÿ”๐Ÿ“๐Ÿ‘๐ŸŽ ๐ฃ๐จ๐ฆ.๐ฆ๐š๐ญ๐ญ๐š๐ฆ@๐œ๐ข๐›๐œ.๐œ๐จ๐ฆ @jom_mattam . . #AirCanadaEarnings #Q4FinancialResults #OperatingRevenueSurge #AirlineIndustry #FinancialPerformance #TravelNews #ProfitReport #mnm #malayalisnearmeapp #canadaupdate #canadanews

110 Views

9 months ago

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