Transportation Industry

Company Watch - Air Canada

AirGuide Business, July 14, 2008

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 surfaced in a British courtroom Wednesday at the start of what police are calling the world's biggest terrorism trial. Two Air Canada flights - one bound for Montreal and the other destined for Toronto - were allegedly among the targets of the Britain-based cell, whose members said in recorded videos they were angry about the "war against Muslims" in Afghanistan and Iraq. London police said the terrorists intended "mass murder on an unimaginable scale," but counter-terrorism investigators were tipped off by informants and installed surveillance cameras in the suspected bomb factory before moving in to make arrests on Aug. 9, 2006. 7/14/2008

Air Canada will lay off 632 flight attendants, representing 9 percent of its in-flight staff, as part of a round of cuts it announced in June to deal with runaway fuel prices, the country's biggest airline said on Thursday. Air Canada said it is cutting 300 flight attendant jobs as a result of a reduction in international long-haul flights from Vancouver. It is also shutting cabin-crew bases in Winnipeg, Manitoba, and Halifax, Nova Scotia, meaning the loss of 332 jobs by November 1. Air Canada currently employs just under 7,000 flight attendants. They are represented by the Canadian Union of Public Employees. After the cuts, the airline will be left with four cabin crew bases in Canada. 7/11/2008

Editorial eMail: edit@AirGuideOnline.com

For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com

For Advertising and Marketing: advert@AirGuideOnline.com

For Custom Content: content@AirGuideOnline.com