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Air Canada To Operate At 79% Capacity

Air Canada (AC) says it will operate flights at 79% of pre-pandemic capacity for the remainder of
the summer as it continues to struggle with staffing shortages.

Canada's largest airline has been coping for months with delayed and cancelled flights as travel
demand soars coming out of the COVID-19 pandemic.

The carrier has also been dealing with long lines and lost baggage at Canadian airports, as well
as a growing number of customer complaints about the situation.

Earlier this week, American Airlines (AAL) cut its autumn schedule as part of its efforts to reduce
the number of disruptions that its customers are experiencing.

Montreal-based Air Canada said in June that it would cut its summer schedule to help it better
manage its schedule and the number of people now flying.

Air Canada has been recalling employees that were laid off during the pandemic. The airline
currently has 34,000 employees, compared with 34,700 before the pandemic hit in March 2020.

Air Canada’s stock is down 13% this year and currently trading at $19.35 per share.