03:47:08 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Air Canada
Symbol AC
Shares Issued 358,456,806
Close 2023-08-18 C$ 22.69
Market Cap C$ 8,133,384,928
Recent Sedar Documents

Globe says Air Canada told feds getting roughy-tough

2023-08-21 09:23 ET - In the News

Also In the News (C-ONEX) Onex Corp
Also In the News (C-TRZ) Transat AT Inc

The Globe and Mail reports in its Monday edition that Canadian airlines may soon be facing stricter penalties for flight cancellations and delays. The Globe's Ana Pereira writes that the Canadian Transportation Agency (CTA) has recently completed an initial consultation with industry stakeholders on its proposed changes to the Air Passenger Protection Regulations (APPR), which determine whether consumers have a right to be compensated by airlines in cases involving flight disruptions, lost or damaged baggage, or when they are denied boarding. Consumer-rights advocates are skeptical about whether the agency will follow through with any reforms. The APPR first came into force in 2019, driven mainly by criticisms from advocates that there were too many loopholes for airlines, which made it difficult for consumers to get compensation. In June, the Liberal government passed legislation to modify the Canada Transportation Act, placing the burden of proof on the airlines, rather than on the consumer, when it comes to extraordinary circumstances that would exempt them from compensating passengers. Now airlines, pilots and advocates all have eyes on the CTA as it is set to publish the draft of amended regulations in the fall.

© 2024 Canjex Publishing Ltd. All rights reserved.