Air Canada Reports March Traffic



    MONTREAL, April 3 /CNW Telbec/ - For the month of March, Air Canada today
reported a load factor of 80.7 per cent on a consolidated basis with Jazz,
versus 82.9 per cent in March 2008, a decrease of 2.2 percentage points.
System traffic decreased 13.5 per cent on a capacity reduction of 11.1 per
cent system wide.
    Air Canada mainline reported a load factor of 81.8 per cent in March 2009
compared to 83.6 per cent in March 2008; a decrease of 1.8 percentage points.
The mainline carrier flew 13.1 per cent fewer revenue passenger miles (RPMs)
in March 2009 than in March 2008 on a capacity decrease of 11.3 per cent.
    Jazz, from which Air Canada purchases regional capacity, reported a load
factor of 69.5 per cent, a decrease of 7.0 percentage points from 76.5 per
cent in March 2008. Capacity decreased by 9.1 per cent from March 2008 and the
carrier flew 17.5 per cent fewer RPMs than in the previous March.
    "For the month of March, Air Canada reported a strong load factor of 80.7
per cent on a consolidated basis with Jazz," said Calin Rovinescu, President
and Chief Executive Officer. "The significant traffic historically generated
by Easter holidays has shifted to April this year, as opposed to March last
year, making year-over-year comparisons less meaningful. Forecasted lower
travel demand for March was accounted for through planned capacity
adjustments. We will continue this disciplined approach to capacity management
and will make adjustments as necessary to meet peak summer season travel
demand.
    "I commend our employees who exceeded both Customer Satisfaction and
On-Time Performance objectives for the month, achieving on-time arrivals
performance of 81 per cent for the month of March, a 13 percentage point
improvement over the same month a year ago."

    CAUTION REGARDING FORWARD-LOOKING INFORMATION

    Air Canada's public communications may include written or oral
forward-looking statements within the meaning of applicable securities laws.
Forward-looking statements, by their nature, are based on assumptions and are
subject to important risks and uncertainties. Any forecasts or forward-looking
predictions or statements cannot be relied upon due to, amongst other things,
changing external events and general uncertainties of the business. Actual
results may differ materially from results indicated in forward-looking
statements due to a number of factors, including without limitation, industry,
market, credit and economic conditions, the ability to reduce operating costs
and secure financing, pension issues, energy prices, currency exchange and
interest rates, employee and labour relations, competition, war, terrorist
acts, epidemic diseases, insurance issues and costs, changes in demand due to
the seasonal nature of the business, supply issues, changes in laws,
regulatory developments or proceedings, pending and future litigation and
actions by third parties as well as the factors identified throughout Air
Canada's public disclosure file available at www.sedar.com. The
forward-looking statements contained in this news release represent Air
Canada's expectations as of the date of this news release and are subject to
change after such date. However, Air Canada disclaims any intention or
obligation to update or revise any forward-looking statements whether as a
result of new information, future events or otherwise, except as required
under applicable securities regulations.

    
    -------------------------------------------------------------------------
                                 AIR CANADA MAINLINE
                               (Includes Jetz & Tier 3)
    -------------------------------------------------------------------------
                                  MARCH                    YEAR-TO-DATE
                      -------------------------------------------------------
                        2009    2008  Change         2009    2008  Change
    -------------------------------------------------------------------------
    Traffic
     (RPMs millions)   3,555   4,092   -13.1%      10,122  11,287   -10.3%
    -------------------------------------------------------------------------
    Capacity
     (ASMs millions)   4,345   4,897   -11.3%      12,553  13,996   -10.3%
    -------------------------------------------------------------------------
    Load Factor         81.8%   83.6%   -1.8 pts     80.6%   80.6%    0.0 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
             RPMs        974   1,025    -5.0%       2,794   2,909    -4.0%
             ----------------------------------------------------------------
    Canada   ASMs      1,190   1,235    -3.6%       3,449   3,563    -3.2%
             ----------------------------------------------------------------
             Load
              Factor    81.8%   83.0%   -1.2 pts     81.0%   81.6%   -0.6 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
             RPMs        635     769   -17.4%       1,792   2,149   -16.6%
    U.S.     ----------------------------------------------------------------
     Trans-  ASMs        776     943   -17.7%       2,221   2,723   -18.4%
     border  ----------------------------------------------------------------
             Load
              Factor    81.8%   81.5%   +0.3 pts     80.7%   78.9%   +1.8 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
             RPMs        820     971   -15.6%       2,180   2,502   -12.9%
             ----------------------------------------------------------------
    Atlantic ASMs      1,027   1,119    -8.2%       2,861   3,169    -9.7%
             ----------------------------------------------------------------
             Load
              Factor    79.8%   86.8%   -7.0 pts     76.2%   79.0%   -2.8 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
             RPMs        538     705   -23.7%       1,539   1,935   -20.5%
             ----------------------------------------------------------------
    Pacific  ASMs        596     839   -29.0%       1,738   2,349   -26.0%
             ----------------------------------------------------------------
             Load
              Factor    90.3%   84.0%   +6.3 pts     88.6%   82.4%   +6.2 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
             RPMs        588     622    -5.5%       1,817   1,792    +1.4%
    Latin    ----------------------------------------------------------------
     America ASMs        756     761    -0.7%       2,284   2,192    +4.2%
     & Other ----------------------------------------------------------------
              Load
               Factor   77.8%   81.7%   -3.9 pts     79.6%   81.8%   -2.2 pts
    -------------------------------------------------------------------------


    -------------------------------------------------------------------------
                       AIR CANADA'S REGIONAL CAPACITY PROVIDER
                                       (JAZZ)
    -------------------------------------------------------------------------
                                    MARCH                  YEAR-TO-DATE
                      -------------------------------------------------------
                        2009    2008  Change         2009    2008  Change
    -------------------------------------------------------------------------
    Traffic
     (RPMs millions)     307     372   -17.5%         862   1,044   -17.4%
    -------------------------------------------------------------------------
    Capacity
     (ASMs millions)     442     486    -9.1%       1,268   1,411   -10.1%
    -------------------------------------------------------------------------
    Load Factor         69.5%   76.5%   -7.0 pts     68.0%   74.0%   -6.0 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
             RPMs        212     280   -24.3%         601     795   -24.4%
             ----------------------------------------------------------------
    Canada   ASMs        282     357   -21.0%         814   1,034   -21.3%
             ----------------------------------------------------------------
             Load
              Factor    75.2%   78.4%   -3.2 pts     73.8%   76.9%   -3.1 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
             RPMs         95      92    +3.3%         261     249    +4.8%
    U.S.     ----------------------------------------------------------------
     Trans-  ASMs        160     129   +24.0%         454     377   +20.4%
     border  ----------------------------------------------------------------
       Load
              Factor    59.4%   71.3%  -11.9 pts     57.5%   66.0%   -8.5 pts
    -------------------------------------------------------------------------


    -------------------------------------------------------------------------
                                     CONSOLIDATED
                           (AIR CANADA MAINLINE AND JAZZ)
    -------------------------------------------------------------------------
                                 MARCH                  YEAR-TO-DATE
                      -------------------------------------------------------
                        2009    2008  Change         2009    2008  Change
    -------------------------------------------------------------------------
    Traffic
     (RPMs millions)   3,862   4,464   -13.5%      10,984  12,331   -10.9%
    -------------------------------------------------------------------------
    Capacity
     (ASMs millions)   4,787   5,383   -11.1%      13,821  15,407   -10.3%
    -------------------------------------------------------------------------
    Load Factor         80.7%   82.9%   -2.2 pts     79.5%   80.0%   -0.5 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
             RPMs      1,186   1,305    -9.1%       3,395   3,704    -8.3%
             ----------------------------------------------------------------
    Canada   ASMs      1,472   1,592    -7.5%       4,263   4,597    -7.3%
             ----------------------------------------------------------------
             Load
              Factor    80.6%   82.0%   -1.4 pts     79.6%   80.6%   -1.0 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
             RPMs        730     861   -15.2%       2,053   2,398   -14.4%
    U.S.     ----------------------------------------------------------------
    Trans-   ASMs        936   1,072   -12.7%       2,675   3,100   -13.7%
     border  ----------------------------------------------------------------
             Load
              Factor    78.0%   80.3%   -2.3 pts     76.7%   77.4%   -0.7 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
             RPMs      1,946   2,298   -15.3%       5,536   6,229   -11.1%
    Interna- ----------------------------------------------------------------
     tional  ASMs      2,379   2,719   -12.5%       6,883   7,710   -10.7%
             ----------------------------------------------------------------
             Load
              Factor    81.8%   84.5%   -2.7 pts     80.4%   80.8%   -0.4 pts
    -------------------------------------------------------------------------
    
    %SEDAR: 00001324EF




For further information:

For further information: Isabelle Arthur, (Montréal), (514) 422-5788;
Peter Fitzpatrick, (Toronto), (416) 263-5576; Angela Mah, (Vancouver), (604)
270-5741; Internet: aircanada.com


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