Lions Financial is committed to providing comprehensive financial services and support to businesses and financial institutions. In the case of Air Canada, we can offer an overview of the airline company’s financial position and assist in evaluating its financial performance, potential risks, and opportunities.
Our team of financial experts will analyze Air Canada’s financial statements, including balance sheets, income statements, and cash flows, to gain insights into the company’s profitability, liquidity, and solvency.
Air Canada is Canada’s largest airline and the latest provider of scheduled passenger services in the Canadian market, the Canada-U.S. transborder market and in the international market to and from Canada. In 2019, it was among the top 20 largest airlines in the world. Air Canada is a founding member of Star Alliance? providing the world’s most comprehensive air transportation network.
Air Canada’s predecessor, Trans-Canada Air Lines (TCA) inaugurated its first flight on September 1, 1937. The 50-minute flight aboard a Lockheed L-10A carried two passengers and mail between Vancouver and Seattle. By 1964, TCA had grown to become Canada’s national airline; it changed its name to Air Canada. The airline became fully privatized in 1989. Air Canada shares are traded on the Toronto Stock
Exchange (TSX:AC), and effective July 29, 2016, its Class A variable voting shares and Class B voting shares began trading on OTCQX International Premier in the US under the single ticker symbol “ACDVF”.
Air Canada is among the 20 largest airlines globally. Its corporate headquarters are located in Montreal.
Amee Chande
Amee Chande is a corporate director and strategy consultant. Ms. Chande sits on the boards of Algonquin Power and Utilities Corp, and Thumbtack, and serves on the Advisory Board of Livingbridge Private Equity. She is also a senior advisor to leading companies in the mobility sector such as ChargePoint.
Gary A. Doer
Gary A. Doer is a corporate director. Mr. Doer is a director of Great-West Lifeco Inc., IGM Financial Inc. and Power Corporation of Canada. He is also Senior Business Advisor to the law firm Dentons Canada LLP.
Christie J.B. Clark
Christie J.B. Clark is a corporate director. Mr. Clark is a director of Loblaw Companies Limited and SNC-Lavalin Group Inc. and a trustee of Choice Properties Real Estate Investment Trust.
Rob Fyfe
Rob Fyfe is a corporate director. Mr. Fyfe is Chairman of Michael Hill International Limited. He is also a Special Advisor to the Prime Minister of New Zealand on New Zealand’s COVID-19 response and recovery plan and an honorary advisor to the Asia New Zealand Foundation.
Michael M. Green
Michael M. Green is Chief Executive Officer and Managing Director of Tenex Capital Management, a private investment firm. Mr. Green has a multi-industry investment and operations background in aerospace, transportation, telecommunications and software systems.
Jean Marc Huot
Jean Marc Huot is a partner with the Canadian law firm Stikeman Elliott LLP. His practice is focused primarily in the areas of corporate finance, mergers and acquisitions, corporate governance and securities law matters.
Madeleine Paquin
Madeleine Paquin is President and Chief Executive O?cer and a director of Logistec Corporation, a North American marine and environmental services provider. She has held that position since January 1996.
Michael Rousseau
Michael Rousseau was appointed Air Canada’s President and Chief Executive Officer in February 2021. He previously was the airline’s Deputy Chief Executive Officer and Chief Financial Officer, a role held since January 2019.