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Air Canada airline related news

Air Canada Boosts Brisbane Non-Stop Flights to Daily

Air Canada today announced it plans to increase its new non-stop flights from Vancouver to Brisbane, Australia to daily from three times weekly beginning June 17, 2016. “Customer response to our announcement of the only non-stop flights between Canada and Brisbane has been very positive, and we thank federal Transport Minister Marc Garneau for the revised bilateral agreement which enables...

Air Canada and IAMAW Reach New 10-Year Agreement Subject to Ratification on Contract Terms

Air Canada and the International Association of Machinists and Aerospace Workers (IAMAW) today announced they have reached a new agreement, subject to ratification, on collective agreement terms for ten years. The IAMAW represents 7,500 Air Canada employees who work in technical maintenance and as operational support employees at airports handling baggage and in Air Canada Cargo. &ldq...

Air Canada Names Craig Landry President of the Air Canada Leisure Group

Air Canada announced today that Craig Landry, currently Vice President, Marketing at Air Canada, has been appointed President of the Air Canada Leisure Group. In his new position, Mr. Landry will be responsible for the integrated leisure group, which consists of the Air Canada Vacations tour operator business and the leisure airline Air Canada rouge. “I am very pleased to announce Craig L...

Air Canada Announces Closing of US$537,092,000 Private Offering of Enhanced Equipment Trust Certificates

Air Canada announced today the closing of its previously announced private offering of three tranches of enhanced equipment trust certificates, in the aggregate face amount of U.S.$537,092,000. The private offering was comprised of Class AA certificates, Class A certificates and Class B certificates. The Class AA certificates have an interest rate of 3.750% per annum and a final expected distribut...