Air Canada

Air Canada is an international airline operator that offers scheduled passenger and cargo transportation services. Read more

Michael Rousseau's photo - CEO of Air Canada

CEO

Michael Rousseau

CEO Approval Rating

82/100

Founded:

1937

Status:

PublicIndependent CompanyTMX Group - Toronto Stock ExchangeAC

AIR CANADA TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

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Alaska Air is one of Air Canada's top competitors. Alaska Air was founded in 1932, and its headquarters is in Seattle, Washington. Like Air Canada, Alaska Air also works within the Airlines sector. Alaska Air has 897 more employees than Air Canada.

WestJet is Air Canada's #2 rival. WestJet was founded in 1996 in Calgary, Alberta. WestJet operates in the Airlines industry. WestJet generates $1.1B more revenue than Air Canada.

Lufthansa is a top competitor of Air Canada. Lufthansa is a Private company that was founded in Frankfurt, North Rhine-Westphalia in 1953. Lufthansa is in the Airlines field. Lufthansa has 104,107 more employees vs. Air Canada.

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Is Aimia a competitor of Air Canada?

Air Canada Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.5B

Air Canada's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 2.2B. Over the last four quarters, Air Canada's revenue has grown by 49.9%. Specifically, in Q1 2021's revenue was $578M; in Q4 2020, it was $975.1M; in Q3 2020, it was $565.7M; in Q2 2020, Air Canada's revenue was $385.5M.

Air Canada Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Aeroplan Loyalty Business of Aimia Canada

Nov 2018

Source »
undisclosed
-

These are all the companies that Air Canada has acquired. Air Canada's latest acquisition was Aeroplan Loyalty Business of Aimia Canada in Nov 2018.

Air Canada Funding History

Since Air Canada was founded in 1937, it has participated in 1 round of funding. In total Air Canada has raised $909.0M. Air Canada's funding round was on Jun 2020 for a total of $909.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Jun 2020
$909M
-

Since Air Canada was founded in 1937, it has participated in 1 round of funding. In total Air Canada has raised $909.0M. Air Canada's funding round was on Jun 2020 for a total of $909.0M

Air Canada Investments

No recent investments found related to Air Canada

These are all the companies that Air Canada has invested in. Air Canada's latest investment was Aeroplan Loyalty Business of Aimia Canada in Nov 2018.

Air Canada News

June 16, 2021SBJ

US officials propose $25M fine against Air Canada over airfare refunds

The U.S. has filed a formal complaint against Air Canada, seeking a $25 million fine from the airline... See more »
June 16, 2021Flight Global

US DOT plans to fine Air Canada $25.5m for ticket refund delays

The US Department of Transportation (DOT) is looking to impose a $25.5 million civil penalty on Air C... See more »
June 11, 2021Travel Weekly

Air Canada extends Covid-19 refund policy

30-day extension as only 40% have requested money back... See more »
June 10, 2021Winnipeg Free Press

Air Canada to recall 2,600 workers as demand for travel bounces back

MONTREAL - Air Canada says it will recall more than 2,600 employees as it prepares for an increase in... See more »
June 10, 2021Zephyr Net

Toronto flights returning to Fredericton as early as June 26

From CBC News - link to source story Air Canada and WestJet are both set to make a return to the Fred... See more »
June 10, 2021Zephyr Net

As Travel Picks Up Air Canada Will Bring Employees Back

As the Canadian government prepares to ease travel restrictions and quarantine requirements, Air Cana... See more »
June 7, 2021Zephyr Net

expert

From the Toronto Star - link to source story By The Canadian Press | Mon., June 7, 2021 The tail of t... See more »

Air Canada Press Releases

March 23, 2021ePRNews

BitcoinBlack Announces Partnerships With Air Canada, Uber, Starbucks and Amazon

BitcoinBlack, the premium all metal Bitcoin credit card which is partially owned by FD7 Ventures, ann... See more »
March 4, 2021Cision Canada

Air Canada Recognized as One of Canada's Best Diversity Employers for the Sixth Consecutive Year

/CNW Telbec/ - Air Canada has been named one of Canada's Best Diversity Employers for the sixth conse... See more »
March 1, 2021Cision Canada

Chorus Aviation Announces Revisions to the Capacity Purchase Agreement with Air Canada

/CNW/ - Chorus Aviation Inc. ('TSX: CHR) ('Chorus'), parent company of Jazz Aviation LP ('Jazz'), tod... See more »
February 16, 2021Cision Canada

Transat Provides Status Update on Arrangement with Air Canada

/CNW Telbec/ - Transat A.T. Inc. ("Transat" or the "Corporation") wishes to communicate a status upda... See more »
January 19, 2021Runway Girl Network

Air Canada adopts policies to let guests avoid the 737 MAX

Don't want to fly on the Boeing 737 MAX? Air Canada, which will resume MAX operations on 1 February, ... See more »
January 18, 2021StreetInsider

CUPE

VANCOUVER, British Columbia--(BUSINESS WIRE)-- The union representing 9,000 flight attendants at Air ... See more »
January 13, 2021Cision Canada

Lack of federal government aviation plan contributes to new Air Canada layoffs

/CNW/ - Unifor believes the recently announced workforce reductions at Air Canada could have been les... See more »

Air Canada Videos

Social Media

Air Canada Headquarters

PO Box 23000 Station Pointe-Claire-Dorval

Montreal, QuebecH9Y 1K2

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Air Canada Summary

ABOUT

Overview

Air Canada is an international airline operator that offers scheduled passenger and cargo transportation services. Air Canada was founded in 1937. Air Canada's headquarters is located in Montreal, Quebec, CA H9Y 1K2. It has raised 909.0M in 1 round. T...

CEO

Air Canada's CEO, Michael Rousseau, currently has an approval rating of 82%. Air Canada's primary competitors are Alaska Air, WestJet & Lufthansa.

Frequently Asked Questions about Air Canada

  1. When was Air Canada founded?

    Air Canada was founded in 1937
  2. Who is Air Canada's CEO?

    Air Canada's CEO is Michael Rousseau
  3. How much revenue does Air Canada generate?

    Air Canada generates $2.5B in revenue
  4. How much funding does Air Canada have?

    Air Canada has historically raised $909M in funding
  1. Where is Air Canada's headquarters?

    Air Canada's headquarters is in Montreal Quebec, CA
  2. How many employees does Air Canada have?

    Air Canada has 21,100 employees
  3. What sector does Air Canada operate in?

    Air Canada is in Airlines
  4. Who are Air Canada's competitors?

    Air Canada's top competitors are Alaska Air, WestJet, Lufthansa