Company Watch - Air Canada

AirGuide Business, July 21, 2008

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 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 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

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