Investor Presentaiton

-52- Unless otherwise indicated below, each of the directors has held the occupation listed above for more than five years. Mr. Brewer was Executive Vice President, Commercial, Air Canada from 2002 to 2004. Mr. Dunne was Chief Financial Officer and Director of Aer Lingus Group Plc from 2002 to 2005. Mr. McLennan was Vice Chairman and Chief Executive Officer of AT&T Canada (which was renamed Allstream Inc.) from 2000 to 2004. Mr. Porter was President and Chief Executive Officer of the Detroit Medical Center from 1999 to 2003. Mr. Richardson was Chairman, Ernst & Young Inc. and Senior Partner, Ernst & Young LLP (Canada) from 1987 to 2002. Mr. Sørensen was President and Chief Executive Officer of Austrian Airlines Group from 2001 to 2006. Officers The name, municipality of residence and position held with Air Canada of each of the officers are, as of the date hereof, as set forth below: Name and Municipality of Residence Position with Air Canada Principal Occupation Executive Officer Since Montie R. Brewer. Hudson, Québec Robert (Rob) Reid...... Oakville, Ontario Sean Menke. Baie D'Urfe, Québec Joshua Koshy. Richmond Hill, Ontario Lise Fournel Lachine, Québec Marc Rosenberg.. Toronto, Ontario Alan Butterfield Lachine, Québec Yves Dufresne.. Montreal, Québec Carolyn M. Hadrovic Beaconsfield, Québec Kevin Howlett... Delta, British Columbia Chris Isford Winnipeg, Manitoba President and Chief Executive Officer President and Chief Executive Officer, Air Canada April 1, 2002 Executive Vice President and Chief Operating Officer Executive Vice President and Chief Commercial Officer Executive Vice President and Chief Financial Officer Senior Vice President, E-Commerce and Chief Information Officer Vice President, Sales and Product Distribution Vice President, Air Canada Maintenance and Engineering Vice President, International, Alliances and Regulatory Affairs Corporate Secretary Senior Vice President, Employee Relations Controller Executive Vice President and Chief Operating Officer, Air Canada Executive Vice President and Chief Commercial Officer, Air Canada Executive Vice President and Chief Financial Officer, Air Canada Senior Vice president, E- Commerce and Chief Information Officer, Air Canada October 9, 2000 July 11 2005 August 1, 2005 April 10, 1995 Vice President, Sales and Product Distribution, Air Canada November 6, 1996 Vice President, Air Canada Maintenance and Engineering, Air Canada Vice President, International, Alliances and Regulatory Affairs, Air Canada Corporate Secretary, ACE and Air Canada Senior Vice President, Employee Relations, Air Canada Controller, Air Canada February 19, 2007 April 26, 2004 February 16, 2006 March 18, 2002 November 1, 2006

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