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- ACE Aviation Reports 2008 Full Year and Fourth Quarter Results
- 2008 FULL YEAR OVERVIEW - EBITDAR of $891 million before provision for cargo investigations, including EBITDAR of $934 million at Air Canada. - Operating loss before provision for cargo investigations of $74 million. - Gains on assets primarily relating to the sale of units of Aeroplan and Jazz of...
- Research articles 2009-02-13
- ACPA Calls for OSFI Action to Protect Pensions
- The Air Canada Pilots Association ACPA and other unions representing Air Canada employees are asking the federal Office of the Superintendent of Financial Institutions OSFI to intervene in the wind-up of the airline's parent holding company, ACE Aviation Holdings Inc., because of concerns that the transaction would put pension plans...
- Research articles 2009-02-10
- Air Canada to offer seasonal Halifax-Orlando service
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Air Canada has announced plans to launch a seasonal service between Halifax, Canada, and Orlando, Florida. The bi-weekly non-stop service will be operated between 6 February and 10 May 2009. The route will be flown on Fridays and Sundays, on Fridays...
- Research articles 2008-10-22
- Brazil's TAM to join Star Alliance
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Brazilian airline TAM (NYSE: TAM) (Bovespa: TAMM4) is to become a member of the Star Alliance. The process of integrating TAM into the airline alliance will now begin, with representatives from TAM, United Airlines and the Star Alliance working to ensure the...
- Research articles 2008-10-08
- Air Canada Pilots Sign Protocol Agreement in Response to Airlines Joint Venture
- The Air Canada Pilots Association ACPA, along with its colleagues from Continental, Lufthansa and United, today announces additional measures to protect pilot careers and to benefit from their airlines' proposed joint venture. The Air Canada pilots together with the Continental and United pilots, represented by ALPA and the Lufthansa...
- Research articles 2008-10-07
- September traffic figures announced by Air Canada
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Air Canada has announced its traffic figures for the month of September 2008. The airline reported a load factor for the month of 79.9%, on a consolidated basis with Jazz, as compared to 78.7% in September 2007, showing an increase of 1.2...
- Research articles 2008-10-06
- Air Canada to stop charging second bag fees and include fuel charges in advertised fares
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Air Canada has reported that it is ceasing all second checked bag charges that were implemented in spring of this year and is incorporating fuel surcharges into advertised base fares on North American flights. The changes are reportedly a response to decreases...
- Research articles 2008-09-19
- Jazz Air Income Fund announces August cash distribution
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Jazz Air Income Fund (TSX: JAZ.UN) announced on 20 August that its August cash distribution of CAD0.0838 per fund unit will be paid on 15 September. The payment covers the period 1 August to 31 August 2008 and will be paid to...
- Research articles 2008-08-20
- Minister of Labour Appoints Arbitrator in Air Canada Negotiations
- The Honourable Jean-Pierre Blackburn, Minister of Labour and Minister of the Economic Development Agency of Canada for the Regions of Quebec, today advised the members of Air Canada's joint planning committee that he has appointed Mr. Brian Keller as arbitrator in their negotiations. The joint planning committee comprises representatives of...
- Research articles 2008-08-19
- Air Canada to make carbon offset programme available to businesses
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Air Canada has announced that, in conjunction with Zerofootprint, it is making its carbon offset programme available to its corporate clients. Corporate customers will be provided with customised solutions for offsetting carbon emissions generated by business travel through uploading travel data, choosing...
- Research articles 2008-07-31
- Air Canada denied exception to labor code in layoffs
- OTTAW AFP — Canada's labor minister has rejected Air Canada's request to lay off 2,000 workers without first negotiating the conditions of the layoffs with the employees. "After carefully examining the application, I have decided that there are insufficient grounds to grant a waiver to Air Canada," Labor Minister...
- Research articles 2008-07-25
- Air Canada and Continental Airlines reach agreement
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Air Canada has reported that it has reached an agreement in principle with Continental Airlines. The airlines intend that the agreement will provide customers with access to a broader network, more efficient services and expanded frequent flyer benefits. Both airlines are...
- Research articles 2008-07-24
- Company Watch - Air Canada
- 7/21/2008 Air Canada announced an agreement in principle with Continental Airlines as part of the latter's pending transition to Star Alliance. Accord includes a proposed codesharing deal, reciprocal loyalty program and lounge access and other terms. 7/28/2008 Air Canada and Jazz Air flew 4.58 billion RPMs in...
- Research articles 2008-07-21
- Company Watch - Air Canada
- 7/14/2008 Air Canada and Jazz Air flew 4.58 billion RPMs in June, a 1.9% increase year-over-year, while ASMs climbed 2.7% to 5.57 billion. Load factor dipped 0.6 point to 82.2%. 7/18/2008 Terrorists plotted to blow up Canada-bound passenger planes over the mid-Atlantic in 2006, according to allegations that...
- Research articles 2008-07-14
- Air Canada releases June traffic figures
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Air Canada has reported June traffic figures for both its mainline carrier and Jazz, from which Air Canada purchases regional capacity. The mainline carrier saw a growth of 2.8% in revenue passenger miles and an increase of 3.3% in available seat miles...
- Research articles 2008-07-08
- Airline Finance News - North America
- 7/7/2008 Reports from carriers indicate that June traffic remained steady for domestic flights and rose in some international markets. Airlines are planning large capacity cuts after Labor Day as part of an effort to offset the soaring cost of fuel. 7/3/2008 United Airlines, which plans to cut up...
- Research articles 2008-07-07
- Company Watch - Air Canada
- 7/7/2008 Air Canada is cutting 2,000 jobs, or 7 percent of its work force. That is on top of its addition of fuel surcharges on fares earlier in the year. Stuart said Jazz has yet to determine which routes will be cut, or frequency reduced, as Air Canada has...
- Research articles 2008-07-07
- Company Watch - Jazz Air
- 7/7/2008 Jazz Air capacity and staff reductions are the latest cost-cutting measures in an industry being buffeted by high costs as oil prices creep closer to USD$150 a barrel, more than double the level of a year ago. Air Canada said on June 17 it will reduce its capacity...
- Research articles 2008-07-07
- Jazz Air to cut 270 jobs
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Following Air Canada's announcement in June that it is reducing its workforce by up to 2,000 positions, Jazz Air LP (TSX:JAZ.UN), which has a commercial agreement with Air Canada, yesterday (3 July) announced that it will be implementing a reduction of approximately 270...
- Research articles 2008-07-04
- Rob Reid retires from Air Canada
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Air Canada has announced the retirement of Rob Reid, its executive vice president and chief operating officer, with effect from 30 June 2008. Reid joined the company in 1976 and was appointed to his most recent role in May 2005. As executive...
- Research articles 2008-06-30
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