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'Perfect storm' causing constant delays at Air Canada, despite windfall profits

  • Air Canada's CEO identifies severe weather and global supply chain issues as key factors behind the wave of flight delays the airline has experienced over the summer.
  • The delays have particularly affected Air Canada's regional flights, with a pilot shortage being attributed to new competitors, stricter regulations, and a decline in flight school enrollment during the pandemic.
  • Despite the delays, Air Canada has reported a significant increase in earnings and strong travel demand, with higher ticket prices leading to thicker profit margins. Advance ticket sales have also remained robust.
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  • 90% of the sources lean Left
90% Left

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CTV News broke the news in Canada on Friday, August 11, 2023.
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