Air Canada Flight Attendant Strike: Air Canada suspended its third quarter and full-year 2025 guidance after flight attendants, represented by CUPE, went on strike, defying a government labor board's back-to-work order.
Impact on Operations: The strike, which is the first since 1985, has led to the suspension of approximately 700 daily flights, affecting over 100,000 travelers.
Government Intervention: Ottawa attempted to resolve the situation by directing the Canadian Industrial Relations Board (CIRB) to mandate a return to work and impose binding arbitration for contract negotiations.
CUPE's Response: Despite the CIRB's intervention, CUPE instructed its members not to return to work, leading Air Canada to halt its planned limited operations restart.
Wall Street analysts forecast CA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast CA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
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0 Sell
Current: 25.020
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Current: 25.020
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
