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Air Canada, and the rest of the airline industry has faced a severe challenge amid the pandemic. Air Canada has worked to maintain cashflow as revenues have plummeted.

The airline says it will continue to explore other financing arrangements that may be required to expand its cash position. Travel restrictions and dried-up demand continue to take a toll on the airline and tourism industries, forcing the layoff or furlough of more than 30, employees at Air Canada and WestJet Airlines Ltd. On Oct. The aviation sector is a critical engine that facilitates national and international trade that in turn supports local business, tourism and cargo services, labor leaders emphasized.

The latest update from Statistics Canada on Sept. Share Now. The lifestyle section. The travel section. Air Canada plane in flight.

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