00:00It's Benzinga bringing Wall Street to Main Street.
00:02Air Canada will begin canceling flights on Thursday ahead of a possible strike by about
00:0610,000 flight attendants, according to CBS News. The airline said it will fully cease
00:10operations for Air Canada and Air Canada Rouge by the weekend. No deal is reached.
00:15The government does not intervene before the strike deadline on Saturday, August 16th.
00:19The union issued a 72-hour strike notice on Wednesday after rejecting the airline's
00:23proposal for binding arbitration, citing unresolved issues over poverty wages and
00:27unpaid time on the ground. Air Canada said it has offered a 38% pay increase over four
00:32years. The added benefits and issued its own lockout notice and response. Customers with
00:36canceled flights will receive full refunds and, when possible, be rebooked on other carriers.
00:40For all things money, visit Benzinga.com.
Comments