AC.TO - Air Canada

Air Canada

7373 CA te-Vertu Blvd. West
Saint-Laurent, QC H4Y 1H4
Canada

https://www.aircanada.com

Sector(s): Industrials
Industry: Airlines
Full-time employees: 34,500

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael Stewart Rousseau	CEO, Pres & Director	3.58M	N/A	1958
Mr. Amos S. Kazzaz	Exec. VP & CFO	1.2M	N/A	1956
Mr. Craig Landry	Exec. VP & Chief Operations Officer	1.15M	N/A	N/A
Ms. Arielle Meloul-Wechsler	Exec. VP and Chief HR & Public Affairs	922.5k	N/A	1968
Mr. Melvin Crocker	Chief Information Officer	N/A	N/A	N/A
Valerie Durand	Head of Investor Relations & Corp. Sustainability	N/A	N/A	N/A
Mr. Marc B. Barbeau	Exec. VP & Chief Legal Officer	N/A	N/A	N/A
Mr. Mark Youssef Nasr	Exec. VP Marketing & Digital and Pres of Aeroplan	N/A	N/A	N/A
Mr. John Alec MacLeod	VP of Global Sales & Alliances	N/A	N/A	1960
Mr. Richard Steer	Sr. VP of Operations & Express Carriers	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers. As of December 31, 2022, it operated a fleet of 192 aircraft under the Air Canada mainline brand name comprising 110 Boeing and Airbus narrow-body aircraft, and 82 Boeing and Airbus wide-body aircraft; 114 aircraft under the Air Canada Express brand name, including 50 Mitsubishi regional jets, 39 De Havilland Dash-8 turboprop aircraft and 25 Embraer 175 aircraft; and 39 aircraft under the Air Canada Rouge brand name consisting of 14 Airbus A321 aircraft, 5 Airbus A320 aircraft, and 20 Airbus A319 aircraft. The company also provides air cargo services in approximately 50 countries, including Toronto, Halifax, St. John's, Miami, Atlanta, Dallas, Quito, Lima, Bogota, San Juan, Mexico City, Guadalajara, Madrid, and Frankfurt. In addition, it develops, operates, markets, and distributes vacation travel packages in the Caribbean, Mexico, the United States, Europe, Central and South America, South Pacific, Australia, and Asia; offers cruise packages in North America, Europe, and the Caribbean; and provides travel loyalty programs. The company was founded in 1937 and is headquartered in Saint-Laurent, Canada.

Corporate governance

Air Canada’s ISS governance QualityScore as of 1 June 2023 is 6. The pillar scores are Audit: 7; Board: 2; Shareholder rights: 5; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.