Air Canada Shares Slip 2% After Cutting 2025 Forecast on Strike Disruption
Air Canada has faced turbulence in the stock market after announcing that ongoing labor strikes will impact its financial outlook for 2025. The airline’s shares slipped by around 2% following the revised forecast, as investors weighed the effects of prolonged disruptions on operations and revenue growth. For a company already navigating post-pandemic recovery and rising fuel costs, this development adds fresh challenges to its path forward.
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