Air Canada

Air Canada CEO Rovinescu to Retire in 2021

Air Canada CEO Rovinescu to Retire in 2021

Air Canada announced that its longtime CEO, Calin Rovinescu, will retire early next year.
The Canadian carrier also announced the appointment of Michael Rosseau, who currently serves as deputy CEO and chief financial officer, to the position of CEO upon Mr. Rovinescu’s retirement.
Mr. Rovinescu, a native of Bucharest, joined Air Canada in 2000 as executive vice president for corporate development and strategy after serving aslead external counsel for the airline’s privatization …

Air Canada to Acquire Transat AT at a Reduced Cost

Air Canada to Acquire Transat AT at a Reduced Cost

Air Canada’s deal to acquire Transat AT, which still requires regulatory approval, could proceed as soon as early 2021, albeit at a sharply discounted price.
The Montreal-based carrier said it would slash the offer for Transat to five Canadian dollars ($3.81) from the original 18 offered when the deal was first announced 14 months ago.
“Covid-19 has had a devastating effect on the global airline industry, with a material impact on the …

Air Canada to Relaunch Aeroplan Frequent Flyer Program in November

Air Canada to Relaunch Aeroplan Frequent Flyer Program in November

Air Canada unveiled multiple changes to its Aeroplan frequent-flyer program. The changes go into effect on November 8, 2020.
Current members will keep their existing Aeroplan membership numbers and all Aeroplan Miles will transfer to the new program on a one-to-one basis.
With Family Sharing, Aeroplan will allow for points and benefit sharing among family members, and all seats on all flights will be available for redemption, without blackout dates.  There will …

Air Canada to Offer In-Flight Menus by Chef Jérôme Ferrer

Air Canada to Offer In-Flight Menus by Chef Jérôme Ferrer

Air Canada announced a partnership with Chef Jérôme Ferrer, a Montreal-based chef who emigrated from France to Canada a decade ago.
Ferrer is known for his sustainable approach to Canadian cuisine.  The chef will be part of the airline’s panel of Canadian chefs that includes Chef David Hawksworth, Chef Antonio Park, and Chef Vikram Vij, each of whom who focuses on menus for specific cabins and destinations.
The new chef’s creations will …

Air Canada to Close 8 Outstations, Discontinue 30 Domestic Routes

Air Canada to Close 8 Outstations, Discontinue 30 Domestic Routes

Air Canada said it would close eight outstations and end 30 domestic routes amidst the continuing downturn in travel due to the coronavirus pandemic.
The outstations are located in Bathurst, New Brunswick; Baie Comeau, Quebec; Gasper, Quebec; Kingston, Ontario; Mont Joli, Quebec; North Bay, Ontario; Wabush, Newfoundland and Labrador; and Val d’Or, Quebec.
The airline is discontinuing 14 routes in Eastern Canada in the Maritime provinces and Newfoundland and Labrador including Saint …

Airbus May Sue Airlines Over Undelivered Jets

Airbus May Sue Airlines Over Undelivered Jets

Airbus Industries, which saw no new orders in May amidst the coronavirus pandemic, said it is considering suing airlines that refuse to honor contracts and accept deliveries of new airplanes.
The company’s CEO, Guillaume Faury, put airlines on notice in a news interview Friday as Airbus released its sales and delivery data for the month of May.
Faury told the online newspaper Politico that some airlines had refused to respond to Airbus’ …

Air Canada to Reduce Workforce by 60%

Air Canada to Reduce Workforce by 60%

Air Canada said late Friday that it will make at least 20,000 employees redundant in the wake of the novel coronavirus pandemic.
The cuts impact over 50% of the company’s 38,000 workers.
Earlier in the month, the airline said it lost 1.05 billion Canadian dollars ($748) in the first quarter, compared with a profit of $345 million in the same period in 2019.
“We therefore took the extremely difficult decision today to significantly …