Air Canada to Commence Trading on OTCQX Market in U.S.

Air Canada has announced that effective today (29 July 2016) its Class A variable voting shares and Class B voting shares will trade on OTCQX International Premier in the United States under the single ticker symbol ACDVF.

Air Canada's shares will continue to trade on the Toronto Stock Exchange under the single ticker symbol AC.

"The visibility and quality of the OTCQX market will help expand Air Canada's investor reach in the U.S.," said Michael Rousseau, Executive Vice President and Chief Financial Officer of Air Canada. "International interest in Air Canada has increased and the OTCQX market provides another accessible platform for U.S. investors to buy and trade our stock."

Vedder Price P.C. serves as Air Canada's Principal American Liaison on OTCQX, providing Air Canada with guidance on OTCQX requirements.

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