Using $5 million in Crown seed money, two Lockheed Model 10 Electras and one Boeing Stearman biplane were purchased from Canadian Airways and experienced airline executives from United Airlines and American Airlines were brought in. Howe desired an airline under government control to link cities on the Atlantic coast to those on the Pacific coast. The newly created Department of Transport under Minister C. The predecessor of Air Canada, Trans-Canada Air Lines (TCA), was created by federal legislation as a subsidiary of Canadian National Railway (CNR) on 11 April 1937. 1.5.2 Proposed acquisition of Transat A.T.Ī TCA Lockheed Model 14 Super Electra at Malton Airport, 1939.1.4.4 Late 2000s financial difficulties.1.2 Renamed to Air Canada and early years (1965–1990).Together with its regional partners, the airline operates on average more than 1,613 scheduled flights daily. Its subsidiary, Air Canada Vacations, provides vacation packages to over 90 destinations. The carrier's operating divisions include Air Canada Cargo, Air Canada Express, Air Canada Jetz (private jet charters), and Air Canada Rouge (leisure airline). Īir Canada has a fleet of Airbus A330, Boeing 777, and Boeing 787 Dreamliner wide-body aircraft on long-haul routes and uses the Airbus A320 family aircraft (including the A320 and A321 variants), Boeing 737 MAX 8, and Airbus A220-300 aircraft on short-haul routes. In 2021, the Government of Canada acquired 6.4% of Air Canada as a part of a COVID-19 related assistance package, and has not ruled out further investment.
In 2017, Air Canada flew 48 million passengers, as the airline celebrated its 80th anniversary. In 2003, the airline filed for bankruptcy protection and in the following year emerged and reorganized under the holding company ACE Aviation Holdings Inc. On 4 January 2000, Air Canada acquired its largest rival, Canadian Airlines. After the deregulation of the Canadian airline market in the 1980s, the airline was privatized in 1988. In 1965, TCA was renamed Air Canada following government approval. The airline's regional service is Air Canada Express.Ĭanada's national airline originated from the Canadian federal government's 1936 creation of Trans-Canada Air Lines ( TCA), which began operating its first transcontinental flight routes in 1938. Air Canada's major hubs are at Montréal–Trudeau International Airport (YUL), Toronto Pearson International Airport (YYZ) and Vancouver International Airport (YVR). It is a founding member of the Star Alliance. The airline, founded in 1937, provides scheduled and charter air transport for passengers and cargo to 207 destinations worldwide. Air Canada maintains its headquarters in the borough of Saint-Laurent in Montreal, Quebec, Canada. Michael Rousseau ( President & CEO) Īir Canada is the flag carrier and the largest airline of Canada by fleet size and passengers carried.
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