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Air Canada

Air Canada
IATA ICAO Callsign
AC ACA[1] AIR CANADA[1]
Founded10 April 1937 (1937-04-10)
(as Trans-Canada Air Lines)
Commenced operations1 January 1965 (1965-01-01)
(as Air Canada)
AOC #
  • Canada: 5262[2]
  • United States: ARNF245C[3]
Hubs
Focus cities
Frequent-flyer programAeroplan
AllianceStar Alliance
Subsidiaries
Fleet size353 (including subsidiaries)
Destinations192[4]
Traded asTSX: AC
HeadquartersSaint-Laurent, Quebec, Canada[5]
Key people
RevenueIncrease CA$21.8 billion (2023)[7] [8]
Operating incomeIncrease CA$2.28 billion (2023)[7]
Net incomeIncrease CA$2.271 billion (2023)[7]
Total assetsIncrease CA$30.197 billion (2023)[7]
Employees35,700(2023)[9]
Websitewww.aircanada.com

Air Canada is the flag carrier and the largest airline of Canada, by size and passengers carried. Air Canada is headquartered in the borough of Saint-Laurent, Montreal, Quebec. The airline, founded in 1937, provides scheduled and charter air transport for passengers and cargo to 222 destinations worldwide. It is a founding member of the Star Alliance.[10] Air Canada's major hubs are at Toronto Pearson International Airport (YYZ), Montréal–Trudeau International Airport (YUL), and Vancouver International Airport (YVR).[11]

Canada's national airline originated from the Canadian federal government's 1936 creation of Trans-Canada Air Lines (TCA), which began operating its first transcontinental flight routes in 1938. In 1965, TCA was renamed Air Canada following government approval. After the deregulation of the Canadian airline market in the 1980s, the airline was privatized in 1988. On 4 January 2000, Air Canada took over its largest rival, Canadian Airlines. In 2003, the airline filed for bankruptcy protection and in the following year emerged and reorganized under the holding company ACE Aviation Holdings Inc. In 2019, Air Canada flew 51.5 million passengers.[12] In October 2021, the Government of Canada acquired 6.4% of Air Canada in return for financial support to mitigate the impacts from the COVID-19 pandemic.[13]

Air Canada has a fleet of Airbus A330, Boeing 777, and Boeing 787 Dreamliner wide-body aircraft on long-haul routes and uses the Airbus A320 family aircraft (including the A319, A320, and A321 variants), Boeing 737 MAX 8, and Airbus A220-300 aircraft on short-haul routes. The carrier's operating divisions include Air Canada Cargo, Air Canada Express, Air Canada Jetz (private jet charters), and Air Canada Rouge (leisure airline). Its subsidiary, Air Canada Vacations, provides vacation packages to over 90 destinations. Together with its regional partners, the airline operates on average more than 1,613 scheduled flights daily.[11][14]

  1. ^ a b "ICAO Designators for Canadian Aircraft Operating Agencies, Aeronautical Authorities and Services" (PDF). Nav Canada. 2023-05-04. p. 1. Retrieved 2023-02-24. Air Canada: ACA, AIR CANADA
  2. ^ Transport Canada (28 August 2019), Civil Aviation Services (CAS) AOC. wwwapps.tc.gc.ca.
  3. ^ "Federal Aviation Administration – Airline Certificate Information – Detail View". Federal Aviation Administration. Archived from the original on 2020-07-25. Retrieved 2019-06-27.
  4. ^ "Air Canada on ch-aviation". ch-aviation. Retrieved 2023-11-09.
  5. ^ "Air Canada - Investor Relations - Contact Us". Air Canada. Retrieved 2024-01-31.
  6. ^ "Air Canada announces appointment of Calin Rovinescu as President & Chief Executive Officer; Michael Green appointed to Board of Directors". Air Canada. Retrieved 31 January 2024.
  7. ^ a b c d https://filecache.investorroom.com/mr5ircnw_aircanada/531/Q4_2023_Air_Canada_FSN.pdf
  8. ^ "2022 Consolidated Financial Statements and Notes" (PDF). Air Canada. Archived (PDF) from the original on 2023-02-18. Retrieved 2023-03-20.
  9. ^ https://filecache.investorroom.com/mr5ircnw_aircanada/532/Q4_2023_Air_Canada_MDA.pdf
  10. ^ "Star Alliance Member Airline – Air Canada". staralliance.com. Star Alliance. Archived from the original on 2009-04-17. Retrieved 2024-01-31.
  11. ^ a b "Air Canada Corporate Profile". aircanada.com. Air Canada. Archived from the original on 2017-03-31. Retrieved 2019-08-20.
  12. ^ "2019 Annual Information Form" (PDF). Air Canada. 2020-03-30.
  13. ^ "Canadian Taxpayers Now Own Part of Air Canada". TravelPulse. Archived from the original on 2021-10-24. Retrieved 2021-10-12.
  14. ^ "Flight Schedule Air Canada". Airpedia. from the original. p. https://services.aircanada.com/portal/rest/timetable/pdf/ac-timetable-en.pdf. Retrieved 2023-12-26.

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