13:55:25 EDT Wed 01 Apr 2026
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or Name
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Air Canada
Symbol AC
Shares Issued 293,013,665
Close 2026-03-31 C$ 18.12
Market Cap C$ 5,309,407,610
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Post says Air Canada fined $426,000 for refund failures

2026-04-01 09:41 ET - In the News

The National Post reports in its Wednesday edition that Air Canada has been fined $426,000 by the Canadian Transportation Agency after it failed to refund or rebook passengers during a strike by flight attendants last summer. The Post's Chris Knight writes that in a statement to Post, the airline said the notice "is unfounded in law" and it plans to contest it. The summary of enforcement action says the 71 violations of the Air Passenger Protection Regulations (APPR) occurred between Aug. 15 and Aug. 20 and involved "flight cancellations for a reason outside the carrier's control." The summary says the airline "failed to, at the passengers choice, provide a refund for any unused portion of the ticket, or provide the passenger, free of charge, with a confirmed reservation for the next available flight that is operated by any carrier." The CTA also noted: "This enforcement action follows a comprehensive investigation conducted in relation to the August 2025 Air Canada flight attendant labour disruption, which affected numerous flights." It said a targeted sample of affected passengers was included in the investigation. However, Air Canada said that it rebooked 200,000 passengers as a result of the labour disruption.

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