2018 ANNUAL REPORT 2018 ANNUAL REPORT | Management’S Discussion and Analysis of Results of Operations and Financial Condition
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Netletter #1399 | September 23, 2018 C-FACP
NetLetter #1399 | September 23, 2018 C-FACP - Boeing 737-200 Photo by Sebastian Kasten Welcome to the NetLetter, an Aviation based newsletter for Air Canada, TCA, CP Air, Canadian Airlines and all other Canadian based airlines that once graced the Canadian skies. The NetLetter is published on the second and fourth weekend of each month. If you are interested in Canadian Aviation History, and vintage aviation photos, especially as it relates to Trans-Canada Air Lines, Air Canada, Canadian Airlines International and their constituent airlines, then we're sure you'll enjoy this newsletter. Our website is located at www.thenetletter.net Please click the links below to visit our NetLetter Archives and for more info about the NetLetter. Coming Events Reminder! ACRA Badminton in Prague 2018. If you enjoyed the ACRA Badminton in Liverpool UK in 2017, why not join the crowd in Prague. For more fun and games from Thursday, October 11 through 13, 2018. www.acrabadminton.org.uk But if you missed the photo op in Liverpool (left), join us in Prague and get included. Air Canada News Air Canada was affirmed as North America’s Only Four-Star, Full Service International Carrier by the Independent Research Firm Skytrax. Full article at Canadian Aviation News. Reader Submitted Photos Shirlee Schacter has sent us this report and photos - Marquee "Welcome to Pionairs". Sixty (60) AC Pionairs from Central Ontario District received a personal greeting on the racing marquee at this year’s Woodbine “DAY AT THE RACES” on Saturday June 16, 2018. It was a fun-filled afternoon of dining, exciting horse-racing and gaming. -
Air India Flight 182
Smith AAR AI 182 John Barry Smith www.corazon.com [email protected] Copyright 2001 All Rights Reserved AIRCRAFT ACCIDENT REPORT Air India Flight 182 1 Smith AAR AI 182 Report on the Accident to Boeing 747-237B VT-EFO, Air India Flight 182, Off Cork, Ireland on 23 June 1985 by John Barry Smith, Independent Aircraft Accident Investigator Abstract: Air India Flight 182, a Boeing 747-237B, registration VT-EFO, was on a flight from Mirabel airport, Montreal, Canada, to Heathrow airport, London, UK, when it disappeared from the radar scope at a position of latitude 51 degrees 0 minutes North and longitude 12 degrees 50 minutes West at 0714 Greenwich Mean Time (GMT), 23 June 1985, and the pieces crashed into the ocean about 110 miles west of Cork, Ireland. There were no survivors among the 329 passengers and crew members. There was unanimous official opinion among authorities that an inflight breakup caused by an explosion in the forward cargo compartment occurred. Based on the direct, tangible and circumstantial evidence of four similar accidents as described in six aircraft accident reports and using the benefit of hindsight, the conclusion of this investigator and author of this report is that the probable cause of the accident to Air India Flight 182 was faulty wiring shorting on the door unlatch motor causing the forward cargo door to inadvertently rupture open in flight probably at one or both of the midspan latches leading to an explosion of explosive decompression in the forward cargo compartment and subsequent aircraft breakup. Contents: 1. Air India Flight 182 Glossary Acronyms References and Source Materials Definitions Formatting Style Introduction 2. -
Calin Rovinescu, Air Canada CEO Since April 2009
« THE VOICE OF MONTREAL ENGLISH-SPEAKING LAWYERS » Vol.5, No 2 $4 Me Calin Rovinescu, Air Canada CEO since April 2009 « Lawyer-CEO of the Decade » Me Calin Rovinescu CONGRATULATIONS,CONGRATULATIONS, CALIN! From all of us at Air Canada, which includes more than 30,000 employees, Fromcongratulations all of us at Airto ourCanada, President which and includes CEO, Calin more Rovinescu. than 30,000 This employees, distinction congratulationsaptly rewards his to contribution,our President leadership and CEO, andCalin inspiring Rovinescu. vision This for distinction our aptlycompany rewards over his the contribution, past 10 years. leadership and inspiring vision for our company over the past 10 years. Air Canada President and Chief Executive Officer for 10 years, Calin Rovinescu, named “Lawyer-CEO of the Decade” by The Montreal Lawyer magazine By André Gagnon ir Canada’s extraordinary transformation since Calin Rovinescu took the helm a decade ago Ashould be a classic business school case-study: the difference that effective management change leadership can make in the fortunes of a company. After all, he led Air Canada’s executive team from a position where the company had its back against the wall to its becoming a nimble, financially sustainable airline that is now a global champion. « What is it about this remarkable leader, most likely the only person in Canada who could steer us away from the abyss we were facing , that equipped him so uniquely for the complex , urgent, seemingly intractable predicament we were in?» asks David J. Shapiro, Senior Vice-president Calin Rovinescu and International and Regulatory affairs and Chief Legal Officer of Air Canada since 2013, has worked closely with Calin. -
Air Canada Montreal to Toronto Flight Schedule
Air Canada Montreal To Toronto Flight Schedule andUnstack headlining and louvered his precaution. Socrates Otho often crosscuts ratten some her snarertractableness ornithologically, Socratically niftiest or gibbers and purgatorial. ruinously. Shier and angelical Graig always variegating sportively Air Canada Will bubble To 100 Destinations This Summer. Air Canada slashes domestic enemy to 750 weekly flights. Each of information, from one point of regional airline schedules to our destinations around the worst airline safety is invalid. That it dry remove the nuisance from remote flight up until June 24. MONTREAL - Air Canada says it has temporarily suspended flights between. Air Canada's schedules to Ottawa Halifax and Montreal will be. Air Canada tests demand with international summer flights. Marketing US Tourism Abroad. And montreal to montreal to help you entered does not identifying the schedules displayed are pissed off. Air Canada resumes US flights will serve fewer than submit its. Please change if montrealers are the flight is scheduled flights worldwide on. Live Air Canada Flight Status FlightAware. This schedule will be too long hauls on saturday because of montreal to toronto on via email updates when flying into regina airport and points guy will keep a scheduled service. This checks for the schedules may not be valid password and september as a conference on social media. Can time fly from Montreal to Toronto? Check Air Canada flight status for dire the mid and international destinations View all flights or recycle any Air Canada flight. Please enter the flight schedule changes that losing the world with your postal code that can book flights in air canada montreal to toronto flight schedule as you type of cabin cleanliness in advance or longitude is. -
About the Caa / À Propos De L'aca
ABOUT THE CAA / À PROPOS DE L’ACA The Canadian Archaeological Association (caa) was founded in 1968. Membership includes professional, avocational and student archaeologists, as well as individuals of the general public of any country, who are interested in furthering the objectives of the Association. The objectives of the caa are as follows: § To promote the increase and the dissemination of archaeological knowledge in Canada; § To promote active discourse and cooperation among archaeological societies and agencies and encourage archaeological research and conservation efforts; § To foster cooperative endeavours with aboriginal groups and agencies concerned with First Peoples’ heritage of Canada; § To serve as the national association capable of promoting activities advantageous to archaeology and discouraging activities detrimental to archaeology; § To publish archaeological literature, and; § To stimulate the interest of the general public in archaeology. ——— L’Association canadienne d’archéologie (aca) a été fondée en 1968. Ses adhérents comptent des archéologues dont c’est la profession ou un violon d’Ingres et des étudiants, ainsi que des membres venant du grand public et de n’importe quel pays, qui ont en vue de favoriser les objectifs de l’Association. Les objectifs de l’aca sont les suivants: § promouvoir l’accroissement et la propagation de connaissances archéologiques au Canada; § promouvoir une coopération et des échanges actifs entre les sociétés et les organismes archéologiques, et favoriser le travail de recherche et de conservation; § stimuler les efforts de coopération avec les groupes autochtones et les organismes concernés par le patrimoine canadien des Premières nations; § servir d’association nationale pouvant promouvoir les activités avantageuses pour l’archéologie et décourager les activités nuisibles à l’archéologie; § publier de la documentation archéologique; § stimuler l’intérêt du grand public pour l’archéologie. -
Air Transport
The History of Air Transport KOSTAS IATROU Dedicated to my wife Evgenia and my sons George and Yianni Copyright © 2020: Kostas Iatrou First Edition: July 2020 Published by: Hermes – Air Transport Organisation Graphic Design – Layout: Sophia Darviris Material (either in whole or in part) from this publication may not be published, photocopied, rewritten, transferred through any electronical or other means, without prior permission by the publisher. Preface ommercial aviation recently celebrated its first centennial. Over the more than 100 years since the first Ctake off, aviation has witnessed challenges and changes that have made it a critical component of mod- ern societies. Most importantly, air transport brings humans closer together, promoting peace and harmo- ny through connectivity and social exchange. A key role for Hermes Air Transport Organisation is to contribute to the development, progress and promo- tion of air transport at the global level. This would not be possible without knowing the history and evolu- tion of the industry. Once a luxury service, affordable to only a few, aviation has evolved to become accessible to billions of peo- ple. But how did this evolution occur? This book provides an updated timeline of the key moments of air transport. It is based on the first aviation history book Hermes published in 2014 in partnership with ICAO, ACI, CANSO & IATA. I would like to express my appreciation to Professor Martin Dresner, Chair of the Hermes Report Committee, for his important role in editing the contents of the book. I would also like to thank Hermes members and partners who have helped to make Hermes a key organisa- tion in the air transport field. -
ACFN/Netletter News
NetLetter #1348 | August 12, 2016 Rouge Airbus A321 - Hamburg, Germany Welcome to the NetLetter, an Aviation based newsletter for Air Canada, TCA, CPAir, Canadian Airlines and all other Canadian based airlines that once graced the Canadian skies. The NetLetter was created in 1995 by Vesta Stevenson (RIP) and Terry Baker and is published on the second and fourth weekend of each month. If you are interested in Canadian Aviation History, and vintage aviation photos, especially as it relates to Trans-Canada Air Lines, Air Canada, Canadian Airlines International and their constituent airlines, then we're sure you'll enjoy this newsletter. Our website is located at www.thenetletter.net ACFN/NetLetter News We have had quite a few subscribers ask us about our "Obituaries" area which is operated and maintained by the ACFamily Network. We are in the process of doing a major overhaul of the Obituary section and will keep you updated about our progress in future issues of the NetLetter. After the new install is completed, we will need to move all the existing content over to the new site. As far as I know, there are no other web sites where memorial listings are accepted that cover past employees that worked for ALL past (and present) Canadian based airlines. We will link to any other aviation memorial sites that we are made aware of as well. We have 75% of it completed now and are making good progress. Alan Rust ACFamily Owner and Administrator Coming Events "Elvis is in the building" You don't see deals like this very often! $5 for an Elvis Show including lunch. -
Air Canada Reports Third Quarter 2020 Results
Air Canada Reports Third Quarter 2020 Results • COVID-19 Mitigation and Recovery Plan nearly complete • Total passengers carried declined 88 per cent due to COVID-19 and travel restrictions • Deferral and/or cancellation of Boeing 737-8 and Airbus A220 deliveries • Reduction of capital expenditures by about $3.0 billion over 2020-2023 period MONTREAL, November 9, 2020 – Total revenues of $757 million in the third quarter of 2020 declined $4.773 billion or 86 per cent from the third quarter of 2019. The airline reported third quarter 2020 negative EBITDA(1) or (earnings before interest, taxes, depreciation and amortization), excluding special items, of $554 million compared to third quarter 2019 EBITDA of $1.472 billion. Air Canada reported an operating loss of $785 million in the third quarter of 2020 compared to operating income of $956 million in the third quarter of 2019. Total revenue passengers carried declined 88 per cent in the quarter compared to last year’s third quarter. Unrestricted liquidity amounted to $8.189 billion at September 30, 2020. “Today’s results reflect COVID-19’s unprecedented impact on our industry globally and on Air Canada in what has historically been our most productive and profitable quarter. From the outset, we have made the health and safety of our customers and employees our chief concern. Our airline has been a leader in introducing progressive layers of protection, such as our comprehensive suite of biosafety measures, Air Canada CleanCare+, and we continue to explore new technologies and processes to further assure travellers and regulators. Amongst the various science-based measures we have been advocating, testing at airports is by far the most significant, as demonstrated by the McMaster HealthLabs’ study of international travellers arriving at Toronto-Pearson. -
2012 Management's Discussion and Analysis of Results Of
2012 Management’s Discussion and Analysis of Results of Operations and Financial Condition 2012 Management’s Discussion and Analysis of Results of Operations and Financial Condition February 7, 2013 2012 Management’s Discussion and Analysis of Results of Operations and Financial Condition TABLE OF CONTENTS 1. Highlights ............................................................................................................................................................................................... 1 2. Introduction and Key Assumptions .................................................................................................................................................. 3 3. About Air Canada ................................................................................................................................................................................. 4 4. Strategy .................................................................................................................................................................................................. 6 5. Overview ............................................................................................................................................................................................. 12 6. Results of Operations – Full Year 2012 versus Full Year 2011 ............................................................................................... 14 7. Results of Operations – Fourth Quarter 2012 versus Fourth Quarter 2011 ...................................................................... -
Speech by Calin Rovinescu
Remarks by Calin Rovinescu, President and CEO, Air Canada Les rendez-vous financiers - Les Affaires November 17, 2010 1 Thank you, Mr. Gagné, for that kind introduction. It is a sincere pleasure to be addressing this forum. While I know all of you are familiar with Air Canada and many of you are our regular customers, I’d like to provide you with some context on Air Canada, our future direction and where we see opportunities for the company and also for this city. It is a rare business because, how many companies could come in and say that most of the people here today are their customers at least once a year? This is a privilege and responsibility I take seriously. CONTEXT & MONTREAL OPERATIONS I find people are often surprised when I quote some statistics about our company, as they may not fully appreciate the breadth and scope of our operations both on a network-wide basis and here in Montreal. Air Canada is the 15th largest airline in the world based on traffic – and there are almost 1,000 airlines in the world. Significantly, we have grown to this size even though Canada is only about 36th in terms of population among the world’s countries. So as a nation we certainly punch above our weight. 2 Each day, we operate more than 1,300 flights, which equates to an Air Canada flight taking off somewhere almost every minute of every day. We have 26,000 employees stationed on five continents throughout the world and nearly $11 billion in annual revenue. -
2020 Management's Discussion and Analysis of Results of Operations
2020 Management’s Discussion and Analysis of Results of Operations and Financial Condition February 12, 2021 2020 Management’s Discussion and Analysis of Results of Operations and Financial Condition TABLE OF CONTENTS 1. Highlights ...................................................................................................... 1 2. Introduction and Key Assumptions ............................................................... 3 3. About Air Canada .......................................................................................... 6 4. Strategy and COVID-19 Mitigation and Recovery Plan .................................. 8 5. Results of Operations – Full Year 2020 versus Full Year 2019 ..................... 16 6. Results of Operations – Fourth Quarter 2020 versus Fourth Quarter 2019 . 22 7. Fleet ............................................................................................................ 26 8. Financial and Capital Management .............................................................. 28 8.1. Liquidity .............................................................................................. 28 8.2. Financial Position ................................................................................ 29 8.3. Net Debt .............................................................................................. 30 8.4. Working Capital ................................................................................... 31 8.5. Consolidated Cash Flow Movements ................................................... -
Skipper, Leadership and Vessel Safety
Skipper, Leadership and Vessel Safety William Strassberg, MD January, 2021 Introduction by Ralph Naranjo: Advocates of the phrase, “leaders are born not made,” discount expertise and dwell on behavioral traits such as charisma, compassion, extroversion, boldness, etc. These personality attributes certainly play an important role in acquiring allegiance within a group. But when it comes to the complexity of command at sea and the risks linked to offshore racing and cruising, the inverse is true—leaders, or should I say, good leaders are made not born. The recipe for success includes sea time in challenging situations, an ability to weigh variables and a sense to steer toward effective outcomes. Sharing this wisdom requires communication skills and an ability to inspire others. Doctor William Strassberg’s paper “Skipper, Leadership and Vessel Safety” delves into Crew Resource Management (CRM) and defines how essential leadership skills can be developed— improving every skipper’s ability to handle challenges at sea. A Skipper’s Leadership Skills are Significant Skipper leadership and vessel safety are inevitably linked, as effective leadership enhances vessel safety. Safety practices aboard a small vessel at sea interface safety protocols and gear, captain and crew, and effective leadership integrates these components and translates vessel operating practices and rules and the safety culture they represent into practice: effective leadership empowers and enhances vessel practices. Ralph Naranjo has written in his book, The Art of Seamanship: “A proficient skipper must be as multifaceted as possible, not just in breadth of knowledge but also in the kind of wisdom that’s acted out on the pitching deck of a vessel at sea.” and continues with the following: “The final challenge for any skipper is the transition involved in becoming a leader” (Naranjo, 2015).