Air Canada Reports Unconsolidated March Traffic

Air Canada flew 16.3 per cent more revenue
passenger miles (RPMs) in March 2000 than in the same month of 1999, according
to preliminary traffic figures.  Capacity increased by 11.5 per cent,
resulting in a passenger load factor of 74.4 per cent, compared with 71.4 per
cent in March 1999. According to Danielle Poudrette, Vice President,
Marketing, ``Traffic demand for the month of March was strong, and met or
exceeded capacity increases in all major markets.  Traffic growth, combined
with schedule optimization, led to improved load factors in domestic, U.S. and
Atlantic markets and held Asian load factors constant.``

``Capacity growth versus last year is attributable to the recent
introduction of three new A330s as well as improved aircraft utilization from
enhanced connectivity at our Toronto hub.``

System cargo traffic for the month rose 7 per cent to 76 million revenue
ton miles.