Was it the vax?
Jun 30, 2022
I got an email today titled, "A Message from Air Canada's President". He apologized about the upcoming cancelation of flights in the summer months. It was initially confusing because I don't have any domestic or US flight but then I realized that he's telling all possible customers to not bother booking any North American flight in the next couple of months.
Air Canada's stock fell as much as nearly 9 per cent in early trading on Thursday, after the company said it would cut more than 15 per cent of its scheduled flights in July and August.
The Montreal-based airline said on Wednesday that it will reduce its schedule – already operating at a capacity below pre-pandemic levels – by an average of 154 flights per day in July and August. Most of the affected flights are to and from Toronto and Montreal, the airline said, on domestic and Canada-U.S. routes.
Air Canada fired thousands of workers two years ago and then implemented vaccine mandates last year. My best guess would be that 20% of their original labor force has zero interest in returning to work for them which closely aligns with the volume of cancellations. Plus, it's likely that a few of the vaxxed pilots have had totally unexpected and unrelated health issues that make them unfit to fly. Sad!
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