AIR CANADA EXECUTIVES RETURNING 2020 BONUS MONEY

Jun 07, 2021

By Gavin Day

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Days after criticism came from public and political circles, Air Canada executives say they’re returning 2020 bonuses.

The bonuses were paid out during a time when employees were furloughed and the airline was negotiating a bailout package with the government due largely shuttered operations due to the pandemic.

A statement from Air Canada says the bonuses are being returned due to “public disappointment.”

The President and CEO and the company’s executive vice-presidents say they’ll return the money.

However, there was no mention made to whether mid-level managers will return their shared of the bonuses. A total of $10-million was handed out in bonuses with $8-million of that money earmarked for mid-level managers.

 

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