UPDATE 1-Air Canada to reduce 1,700 employees as COVID-19 restrictions, lockdowns bite
By Reuters Staff (Corrects Transport Minister’s last name in last paragraph to Alghabra) Jan 13 (Reuters) - Air Canada said on Wednesday it will cut first-quarter capacity by an additional 25%, resulting in a workforce reduction of about 1,700 employees, as travel restrictions, lockdowns and new testing requirements to combat the spread of COVID-19 hit bookings. Carriers have been wrestling with a slump in demand and passenger confusion, following the Jan. 7 introduction of new Canadian rules requiring travelers to test negative for the novel coronavirus before boarding a plane bound for th...