| Business Summary | | Air
Canada,
Inc.
and
its
Regional
Airlines
provide
scheduled
and
charter
air
transportation
to
124
destinations.
The
Company
is
Canada's
largest
air
carrier.
With
its
alliance
and
codeshare
partners,
scheduled
and
charter
air
transportation
is
provided
to
252
destinations
in
over
35
countries.
Passenger
transportation
is
the
principal
business
of
the
Company
and,
in
1999,
represented
85%
of
total
operating
revenues,
while
cargo
revenues
accounted
for
6%.
Domestic
passenger
revenues
accounted
for
45%
of
total
passenger
revenues
in
1999.
The
international
component
has
increased
from
47%
in
1995
to
55%
of
total
passenger
revenues
in
1999.
Toronto's
Pearson
International
Airport
serves
as
Air
Canada's
main
hub. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Air
Canada,
Inc.
is
a
Canadian-based
international
air
carrier
providing
scheduled
and
chartered
air
transportation
for
passengers
and
cargo.
For
the
six
months
ended
6/30/01,
revenues
increased
35%
to
C$4.91
billion.
Net
loss
totaled
C$276
million
vs.
an
income
of
C$91
million.
Revenues
reflect
increased
system
passenger
traffic
and
higher
cargo
sales.
Net
loss
reflects
increased
salary
expense
and
an
increase
in
fuel
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| John Fraser Chairman | -- | Robert Milton Pres,
CEO, Director | $1.7M | M. Peterson CFO, Exec. VP | 537K | Paul Brotto Exec.
VP, Planning and Cost Management | -- | Lise Fournel Exec. VP, Commercial | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|