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Air Canada is the largest airline and flag carrier of Canada. [1] Founded in 1937 as Trans-Canada Air Lines , it provides scheduled services to 195 destinations on six continents. Its largest hub is Toronto Pearson International Airport , followed by Montréal–Trudeau International Airport and Vancouver International Airport .
In 2002, Aeroplan was spun off as a wholly owned subsidiary of Air Canada. In June 2005, Air Canada's parent company, ACE Aviation Holdings, sold 12.5% of Aeroplan for $250 million through an initial public offering, thereby creating the world's first publicly traded loyalty program, Aeroplan Income Fund, at a valuation of $2 billion.
Air Canada's predecessor, Trans-Canada Air Lines (TCA), was created by federal legislation as a subsidiary of Canadian National Railway (CNR) on 11 April 1937. [16] [17] The newly created Department of Transport under Minister C. D. Howe desired an airline under government control to link cities on the Atlantic coast to those on the Pacific coast.
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Air Canada Cargo operates a fleet of six Boeing 767-300F freighter aircraft, Air Canada Express, as of September 2024, has a fleet of 46 turboprop aircraft and 70 regional jets, [1] [2] [3] Air Canada Jetz operates four Airbus A320 aircraft in an all-business class configuration, and leisure brand Air Canada Rouge has 40 jets from the Airbus ...
[17] [18] In September 2007, Air Canada also ceased its London route, leaving Newfoundland without any flights to Europe for the first time since World War II. [15] [18] Air Canada restarted seasonal flights to London-Heathrow in May 2010. The company employed an Airbus A319 on the route. [19] In 2014, Air Canada began flying year-round to ...
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