Earlier this year, it announced that it had put more than half of its staff, about 20,000 people, on furlough.
Air Canada said these changes are being made due to weak demand for travel during the COVID-19 pandemic and provincial and federal travel restrictions.
Air Canada says system-wide capacity is down about 85 per cent in the second quarter compared with the same quarter previous year and expects capacity in the third quarter to be down 75 per cent compared with the third quarter of 2019. Air Canada purchases practically all of Jazz's fleet capacity and pays fixed margin fees, performance incentives and compensation for operating costs, including aircraft lease rents, and makes all marketing decisions.
The carrier hints further service suspensions could be in the offing in the coming weeks as the company "takes steps to decisively reduce its overall cost structure and cash burn rate".
Air Canada shares fell 3 per cent in afternoon trade after the news.
Border shutdowns and record-low demand mean airlines around the world will lose US$84 billion this year and see a 50 per cent year-over-year revenue decline, according to the International Air Transport Association.
Chorus said in its release that Jazz's compensation does not vary with flight activity and remains unchanged with Tuesday's announcement.
Deer Lake-Goose Bay; Deer Lake-St. John's; Bathurst-Montreal; Wabush-Goose Bay; Wabush-Sept-Iles; Goose Bay-St. They are connections between Regina and Saskatoon, Regina and Winnipeg and Regina and Ottawa.