Air Canada Reports November Traffic

Air Canada and Canadian Airlines flew 2.0 per
cent more revenue passenger miles (RPMs) in November 2000 than flown by the
two carriers in the same month of 1999, according to preliminary traffic
figures. Capacity increased by 5.5 per cent, resulting in a passenger load
factor of 62.0 per cent, compared with 64.1 per cent in November 1999. All Air
Canada and Canadian Airlines mainline flights have operated under the Air
Canada code since October 22, 2000 and the operating statistics of the two
carriers will be reported on a combined basis only from this point forward.

According to Danielle Poudrette, Vice President, Marketing, “While we
maintained our load factors on domestic and transborder routes, capacity
growth on transatlantic and transpacific routes exceeded the traffic increase
mainly due to our expansion on international routes. Schedule adjustments have
been made for December and the first quarter of 2001 to fine tune our network
and align capacity with current booking trends.”