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Air Canada reports record April traffic

    Mainline passenger load factor of 83.2% - highest ever for April

    MONTREAL, May 3 /CNW Telbec/ - Air Canada reported a record load factor
for the mainline of 83.2 per cent in April 2007, the highest ever for the
month.
    The mainline carrier flew 3.5 per cent more revenue passenger miles
(RPMs) in April 2007 than in April 2006, according to preliminary traffic
figures. Capacity increased by 2.2 per cent, resulting in a load factor of
83.2 per cent, compared to 82.2 per cent in April 2006; an increase of
1.0 percentage point.
    Jazz, from which Air Canada purchases regional capacity, flew
24.6 per cent more RPMs in April 2007 than in April 2006, according to
preliminary traffic figures. Capacity increased by 20.1 per cent, resulting in
a load factor of 74.0 per cent, compared to 71.3 per cent in April 2006; an
increase of 2.7 percentage points.
    Year over year, system traffic on a consolidated basis for Air Canada and
Jazz, rose 5.1 per cent on a capacity increase of 3.7 per cent, resulting in a
load factor of 82.3 per cent; an increase of 1.1 percentage points.
    "Air Canada achieved a record load factor of 83.2 per cent at the
mainline carrier and increased traffic 5.1 per cent system-wide, exceeding
capacity growth, during the month of April," said Montie Brewer, President and
Chief Executive Officer. "Our à la carte pricing and multi-trip subscription
flight pass products are attracting customers, and the major refurbishment of
our existing fleet combined with new aircraft deliveries is generating
positive customer feedback. I am proud of our employees who continue to earn
the loyalty of our customers while exceeding on-time performance objectives
for the month."

    This discussion contains certain forward-looking statements, which
involve a number of risks and uncertainties. As a result of many factors
including acts or potential acts of terrorism, international conflicts,
government regulations and government mandated restrictions on operations and
pricing, fuel prices, industry restructuring, labour negotiations, the
economic environment in general including foreign exchange and interest rates,
the airline competitive and pricing environment, industry capacity decisions
and new entrants as well as external events, actual results could differ from
expected results and the differences could be material.AIR CANADA

    -------------------------------------------------------------------------

                             AIR CANADA MAINLINE
                               (Includes Jetz)

    -------------------------------------------------------------------------
                               APRIL                    Year-To-Date
                      -------------------------------------------------------
                        2007    2006  Change        2007     2006  Change
    -------------------------------------------------------------------------
    Traffic
     (RPMs millions)   3,606   3,484    +3.5%     14,421   13,877    +3.9%
    -------------------------------------------------------------------------
    Capacity
     (ASMs millions)   4,332   4,240    +2.2%     17,705   17,321    +2.2%
    -------------------------------------------------------------------------
    Load Factor         83.2%   82.2%   +1.0 pts    81.5%    80.1%   +1.4 pts
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             RPMs      1,007     943    +6.8%      3,803    3,605    +5.5%
             ----------------------------------------------------------------
    Canada   ASMs      1,189   1,187    +0.2%      4,587    4,576    +0.2%
             ----------------------------------------------------------------
             Load
              Factor    84.7%   79.4%   +5.3 pts    82.9%    78.8%   +4.1 pts
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             RPMs        632     633    -0.2%      2,775    2,698    +2.9%
    U.S.     ----------------------------------------------------------------
    Trans-   ASMs        786     784    +0.3%      3,537    3,365    +5.1%
    border   ----------------------------------------------------------------
             Load
              Factor    80.4%   80.7%   -0.3 pts    78.5%    80.2%   -1.7 pts
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             RPMs        943     906    +4.1%      3,374    3,231    +4.4%
             ----------------------------------------------------------------
    Atlantic ASMs      1,081   1,022    +5.8%      4,054    3,935    +3.0%
             ----------------------------------------------------------------
             Load
              Factor    87.2%   88.6%   -1.4 pts    83.2%    82.1%   +1.1 pts
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             RPMs        673     647    +4.0%      2,593    2,508    +3.4%
             ----------------------------------------------------------------
    Pacific  ASMs        812     792    +2.5%      3,117    3,077    +1.3%
             ----------------------------------------------------------------
             Load
              Factor    82.9%   81.7%   +1.2 pts    83.2%    81.5%   +1.7 pts
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             RPMs        351     355    -1.1%      1,876    1,835    +2.2%
    Latin    ----------------------------------------------------------------
    America  ASMs        464     455    +2.0%      2,410    2,368    +1.8%
    & Other  ----------------------------------------------------------------
             Load
              Factor    75.6%   78.0%   -2.4pts     77.8%    77.5%   +0.3 pts
    -------------------------------------------------------------------------


                               AIR CANADA JAZZ
    -------------------------------------------------------------------------

                   AIR CANADA'S REGIONAL CAPACITY PROVIDER
                                   (JAZZ)

    -------------------------------------------------------------------------
                               APRIL                    Year-To-Date
                      -------------------------------------------------------
                        2007    2006  Change        2007     2006  Change
    -------------------------------------------------------------------------
    Traffic
     (RPMs millions)     350     281   +24.6%      1,328    1,109   +19.7%
    -------------------------------------------------------------------------
    Capacity
     (ASMs millions)     473     394   +20.1%      1,801    1,568   +14.9%
    -------------------------------------------------------------------------
    Load Factor         74.0%   71.3%   +2.7 pts    73.7%    70.7%   +3.0 pts
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             RPMs        261     212   +23.1%        982      832   +18.0%
             ----------------------------------------------------------------
    Canada   ASMs        342     293   +16.7%      1,286    1,149   +11.9%
             ----------------------------------------------------------------
             Load
              Factor    76.3%   72.4%   +3.9 pts    76.4%    72.4%   +4.0 pts
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             RPMs         89      69   +29.0%        346      277   +24.9%
    U.S.     ----------------------------------------------------------------
    Trans-   ASMs        131     101   +29.7%        515      419   +22.9%
    border   ----------------------------------------------------------------
             Load
              Factor    67.9%   68.3%   -0.4 pts    67.2%    66.1%   +1.1 pts
    -------------------------------------------------------------------------


                                 AIR CANADA
                                      &
                               AIR CANADA JAZZ

    -------------------------------------------------------------------------

                                   COMBINED
                       (AIR CANADA MAINLINE AND JAZZ)

    -------------------------------------------------------------------------
                               APRIL                    Year-To-Date
                      -------------------------------------------------------
                        2007    2006  Change        2007     2006  Change
    -------------------------------------------------------------------------
    Traffic
     (RPMs millions)   3,956   3,765    +5.1%     15,749   14,986    +5.1%
    -------------------------------------------------------------------------
    Capacity
     (ASMs millions)   4,805   4,634    +3.7%     19,506   18,889    +3.3%
    -------------------------------------------------------------------------
    Load Factor         82.3%   81.2%   +1.1 pts    80.7%    79.3%   +1.4 pts
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             RPMs      1,268   1,155    +9.8%      4,785    4,437    +7.8%
             ----------------------------------------------------------------
    Canada   ASMs      1,531   1,480    +3.4%      5,873    5,725    +2.6%
             ----------------------------------------------------------------
             Load
              Factor    82.8%   78.0%   +4.8 pts    81.5%    77.5 %  +4.0 pts
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             RPMs        721     702    +2.7%      3,121    2,975    +4.9%
    U.S.     ----------------------------------------------------------------
    Trans-   ASMs        917     885    +3.6%      4,052    3,784    +7.1%
    border   ----------------------------------------------------------------
             Load
              Factor    78.6%   79.3%   -0.7 pts    77.0%    78.6%   -1.6 pts
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             RPMs      1,967   1,908    +3.1%      7,843    7,574    +3.6%
    Interna- ----------------------------------------------------------------
    tional   ASMs      2,357   2,269    +3.9%      9,581    9,380    +2.1%
             ----------------------------------------------------------------
             Load
              Factor    83.5%   84.1%   -0.6 pts    81.9%    80.7%   +1.2 pts
    -------------------------------------------------------------------------%SEDAR: 00024384EF



For further information:
For further information: Isabelle Arthur (Montréal), (514) 422-5788;
Peter Fitzpatrick (Toronto), (416) 263-5576; Angela Mah (Vancouver), (604)
270-5741; Internet: aircanada.com