Air Canada flight attendants have rejected the employer’s wage offer. Flight attendants at Air Canada wrapped up voting at 3 p.m. ET today on a tentative new contract, with 99.1 per cent voting down t...

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Investing.com -- Air Canada (TSX:AC) flight attendants have served a 72-hour strike notice after negotiations failed to produce an agreement, according to the union representing the workers. The union stated that its members voted overwhelmingly in support of strike action, with 99.7% voting in favor of a strike mandate. If no resolution is reached, the strike will begin on Saturday, August 16, 2025, at 00:58 ET. The announcement comes as the airline and its flight attendants have been unable to reach terms on a new labor agreement. The strong strike mandate indicates significant unity among the flight attendants regarding their labor demands. Air Canada passengers with flights scheduled after the strike deadline may face potential service disruptions if the labor dispute remains unresolved. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. With AC making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed AC alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including AC, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is AC poised for similar growth? Don't miss the opportunity to find out.

A tentative agreement has been reached to end the contract dispute between Air Canada and its flight attendants, both the airline and the Canadian Union of Public Employees announced Tuesday.

Investing.com -- Air Canada and its unionized flight attendants continued their standoff on Friday, ignoring government appeals for renewed negotiations to prevent a strike that would disrupt travel for thousands of passengers. Canada’s largest airline plans to cancel 500 flights by the end of Friday in preparation for the strike scheduled to begin Saturday. The cancellations will affect approximately 100,000 passengers who are now seeking alternative travel arrangements. The Canadian government has urged both parties to return to the bargaining table, but so far these pleas have not resulted in new talks between the airline and its flight attendant union. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if AC is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.