Air Canada halves capacity, withdraws guidance amid ‘severe drop in traffic’

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Air Canada halves capacity, withdraws guidance amid ‘severe drop in traffic’ GlobeBusiness

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Chief executive Calin Rovinescu says COVID-19 is presenting the global airline industry with “unprecedented challenges.” The Montreal-based company says lower jet fuel prices along with cost-saving measures such as layoffs will offset up to 60 per cent of its total revenue loss for the second quarter.

 

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globebusiness Are flights from China still landing in Canada?

globebusiness Multiple Air Canada Flight Attendants have tested for Covid-19 already. Maui, Calgary and Toronto.

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