Lawyers say Air Canada could have to pay more than $100 million in compensation to workers who lost their jobs at maintenance centres more than a decade ago.
The Canadian PressRobert Kokonis, founder and managing director at AirTrav, joins BNN Bloomberg evaluating short interest in Air Canada.
MONTREAL — This week, the judge decided on a formula to calculate lost wages and other damages for the 2,200 former employees of the shuttered plants, located in Montreal, Winnipeg and Mississauga, Ont.This week, the judge decided on a formula to calculate lost wages and other damages for the 2,200 former employees of the shuttered plants, located in Montreal, Winnipeg and Mississauga, Ont.
Elodie Drolet-French, a lawyer representing the workers in their class action, says the compensation will likely top $100 million — at least $45,400 per employee — though she qualifies that the total is tough to gauge. Air Canada spokesman Christophe Hennebelle calls the projections “pure speculation,” noting that the calculation method did not name a final compensation amount.
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