Air Canada's Improved Business Travel Trends Coming From U.S. Market -- Market Talk

Dow Jones

2024/11/01

0852 ET - Air Canada's business travel is improving, but was snagged by labor disputes in the quarter. On an analyst call, executives say that more people were travelling for business purposes in 3Q, but "labor uncertainty slowed us down in the fall," when its labor dispute with pilots sent ripples across its operations. Despite the snag, executives say that there are encouraging signals going forward, but they are seeing strength mostly from U.S. than from Canada. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

November 01, 2024 08:52 ET (12:52 GMT)

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