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    Air Canada
    air transport

    Air Canada

    Canada flagCanada

    "Canada's flag carrier, connecting you to over 200 destinations worldwide."

    Founded April 10, 1937 Montréal–Trudeau International Airport, Montreal CEO: Michael Rousseau
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    About

    On September 1, 1937, a Lockheed L-10A Electra lifted off from Vancouver carrying two passengers and a sack of mail. The 50-minute hop to Seattle marked the first revenue flight for Trans-Canada Air Lines, a new crown corporation created by an act of parliament five months earlier. Renamed Air Canada in 1965, the airline grew from a single propeller plane into one of the world's largest carriers, today moving 45.3 million passengers a year across a network of 208 destinations.

    The airline's early years were defined by technological firsts. In 1953, TCA launched ReserVec, the world's first computer reservation system with remote terminals, a system that would later inspire innovations in the industry. After full privatization in 1989, Air Canada absorbed its biggest rival, Canadian Airlines, in 2001. But the integration came at a cost: the airline filed for bankruptcy protection in 2003, emerging two years later leaner and restructured. That resilience has defined its modern era, especially after the pandemic hammered global aviation.

    Today Air Canada operates from three major hubs: Montréal–Trudeau, Toronto–Pearson, and Vancouver. Its fleet of 335 aircraft, including 33 Airbus A220s, spans everything from short-haul turboprops to long-haul Boeing 777s. The airline is a founding member of Star Alliance, and its joint venture with United Airlines controls a combined 58% of seats in key transborder markets. In 2025, Skytrax named Air Canada the Best Airline in North America, while its Signature Suite lounge won the World's Best Business Class Lounge Dining award for the second year running.

    Products & Sub-brands

    Air Canada CargoAir Canada ExpressAir Canada JetzAir Canada RougeAeroplan

    Frequently Asked Questions

    Who owns Air Canada?
    Air Canada is a publicly traded company listed on the Toronto Stock Exchange under the ticker symbol AC. It was fully privatized in 1989 and is now owned by public shareholders, with no single majority owner.
    Who is the CEO of Air Canada?
    Michael Rousseau serves as the Chief Executive Officer of Air Canada. He has led the airline's strategy focusing on international expansion, strengthening partnerships with United Airlines, and navigating post-pandemic recovery.
    How much is Air Canada worth?
    Air Canada's market valuation fluctuates with stock performance. The airline reported Q2 2025 operating revenues of $5.632 billion with a 7.4% operating margin. Shares trade on the TSX under AC and on the OTCQX under ACDVF.
    Air Canada vs WestJet: Which is better?
    Air Canada is Canada's largest airline with a global network serving 208 destinations, while WestJet is the primary low-cost competitor. Air Canada offers more international routes, premium cabins, and Star Alliance partnerships, while WestJet typically provides lower fares on domestic and select international routes. Air Canada was named Best Airline in North America at the 2025 Skytrax Awards.
    Is Air Canada still in business?
    Yes, Air Canada is very much in business and operating strongly. In 2025, the airline transported 45.3 million passengers and was named Best Airline in North America. It reported Q2 2025 revenues of $5.632 billion and continues to expand its fleet and route network.

    Keywords

    airlineCanadaflag carrierStar AllianceAeroplanMontrealTorontoVancouveraviationtravel

    Sources

    Company Info

    Founded
    April 10, 1937
    CEO
    Michael Rousseau
    Headquarters
    Montréal–Trudeau International Airport, Montreal
    Industry
    air transport
    Revenue
    5632000000
    Employees
    35000
    Passengers (2025)
    45.3 million
    Fleet Size
    335 aircraft
    Destinations
    208
    Stock Ticker
    TSX: AC

    Official Website

    www.aircanada.com

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