Passenger rights overhaul will barely dent bottom line, Air Canada says

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Air Canada says the country's passenger rights overhaul will hardly hurt its bottom line.

On a call with analysts Monday, chief financial officer John Di Bert said the financial impact of the reforms will be "incremental."

The new rules also ratchet up the maximum penalty for airline violations to $250,000 -- a tenfold increase -- and put the regulatory cost of complaints on carriers.The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop.

China on Monday honored two American veterans of World War II as Washington and Beijing look to past collaboration for inspiration on improving today's strained ties.Hundreds of university students are forgoing their classes and gather in downtown Montreal Monday afternoon to protest Quebec's tuition hike for out-of-province undergraduates.

Unifor said it has reached a tentative deal with Stellantis, ending a strike by Canadian autoworkers shortly after it began.The Nova Scotia RCMP says a suspect who assaulted someone with an axe in Pictou County Monday morning has been arrested.As Canadians face an elevated cost of living, some may be looking for ways to cut back on spending, including during this spooky season. If you're thinking of changing your Halloween plans in an effort to save on costs, CTVNews.

 

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Passenger rights overhaul will barely dent bottom line, Air Canada saysMONTREAL — Air Canada says the country's passenger rights overhaul will hardly hurt its bottom line. On a call with analysts Monday, chief financial officer John Di Bert said the financial impact of the reforms will be 'incremental.
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