Air Canada says uncertainty around pilot contact negotiations, which went down to the wire, helped push down revenue and passenger volumes in the airline’s third quarter. The new contract with pilots, which includes a cumulative 42 per cent wage hike over four years, is expected to put pressure on expenses next year, but chief executive […]

Air Canada's stock closed up almost 14 per cent after it announced a share buyback program, an earnings beat and a higher earnings outlook.

MONTREAL — Air Canada says uncertainty around pilot contact negotiations, which went down to the wire, helped push down revenue and passenger volumes in the airline’s third quarter.