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Home > Company Index > Transportation > Airlines > Canadian Airlines Corporation

Canadian Airlines Corporation
 PROFILE
Canadian Airlines has solved its financial problems by hopping on the coattails of Canada's #1 carrier, Air Canada. It has become an Air Canada subsidiary after completing a major debt restructuring. With a fleet of 75 aircraft, Canadian flies to about 40 destinations in 12 countries from its Vancouver hub. As part of the acquisition, Canadian has to sell its Canadian Regional Airlines unit, which provides service in Canada and the US, and it has left American's Oneworld alliance. The carrier is forming new code-sharing alliances with Star Alliance airlines. Air Canada and Canadian are also integrating their routes and eliminating duplicate flights; Canadian Airlines is being maintained as a separate brand.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 2,255.70
1-Yr. Sales Growth: 9.2%
Employees: 16,269
Revenue per employee: $138,650.19

 KEY PEOPLE
• Paul Brotto
    CEO
• Douglas A. Carty
    CFO

 CONTACT INFO
1601 Airport Road N.E., Airport Corporate Centre, Suite 200
Calgary Alberta T2E 6Z8, Canada
Phone: 1-403-294-2000
Fax: 1-403-294-6299
Online: Web Site

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