Air Canada Reports February 2010 Performance

For the month of February 2010, Air Canada reported a system load factor of 78.4% on a consolidated basis with Jazz (from which Air Canada purchases regional capacity), versus 79.6% in February 2009, a decrease of 1.2 percentage points. System traffic increased 5.5% on a capacity increase of 7.1% system wide.

"I am pleased with our results for the month of February in which Air Canada recorded a system wide load factor of 78.4% on a consolidated basis with Jazz, compared to the previous two years' record load factors for the same month," said Calin Rovinescu, President and Chief Executive Officer. "As we expected and planned for, domestic load factor for the month reflects the 7.1% increase in capacity as well as the impact of uni-directional traffic generated in the latter part of February by the opening of the Olympic Games in Vancouver, our second largest hub after Toronto in terms of traffic. Transpacific traffic has rebounded from the previous year and our reinstated non-stop Toronto-Tokyo service is performing well."

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