Air Canada grounds flights amid attendant strikes

Impacts and industry context

The move affects thousands of flights and comes on the heels of a similar strike by Air Canada pilots. The airline has apologized to customers and offered refunds, rebooking options, and accommodation vouchers for those affected. The strike has already cost the airline an estimated $500 million in revenue.

Market reaction and consumer impact

The strike comes as the airline industry faces unprecedented challenges, with many airlines struggling to stay afloat. The move is likely to have a significant impact on Air Canada's reputation and future viability.

What's next?

The union and airline are set to resume negotiations, with the union arguing for better pay and work conditions. Industry observers will be watching closely to see if the dispute is resolved or if it spills over into other airlines.