2023 Consolidated Financial Statements and Notes
AIR CANADA
2023 Consolidated Financial Statements and Notes
(Canadian dollars in millions)
January 1,
2023
Additions
Reclass
Disposals Depreciation
December 31,
2023
Owned tangible assets
Aircraft and flight equipment
$
8,625
$
764
$
171
$
(5) $
(952)
$
8,603
Buildings and leasehold improvements
445
1
48
(48)
446
Ground and other equipment
173
67
3
(34)
209
Purchase deposits and assets under
development
470
437
(222)
Owned tangible assets
$
9,713 $
1,269
$
$
SA
(5)
SA
685
(1,034)
$
9,943
Right-of-use assets
Air Canada aircraft
Regional aircraft
$
EA
1,292 $
257 $
SA
E
EA
$
588
5
Land and buildings
357
23
Right-of-use assets
$
2,237
$
285 $
$
Property and equipment
$
11,950
$
1,554
$
$
50
SA
$
(372) $
1,177
(132)
461
(28)
352
$
(532) $
1,990
$
(1,566)
$
11,933
January 1,
2022
Additions
Reclass
Disposals
(Canadian dollars in millions)
Depreciation
and
impairment
December 31,
2022
Owned tangible assets
Aircraft and flight equipment
$
8,094
$
954
$
Buildings and leasehold improvements
451
3
464
39
$
(18) $
(869)
$
8,625
(48)
445
Ground and other equipment
184
26
2
(39)
173
Purchase deposits and assets under
development
549
426
(505)
Owned tangible assets
$
9,278 $
1,409
$
$
(18)
$
SA
470
(956)
$
9,713
Right-of-use assets
Air Canada aircraft
$
1,484
$
181
$
$
(2) $
(371)
$
1,292
Regional aircraft
670
72
(154)
588
Land and buildings
308
75
(26)
357
Right-of-use assets
$
2,462
$
328
$
$
(2)
$
(551)
$
2,237
Property and equipment
$
11,740
$
1,737
$
-
$
(20)
SA
$
(1,507)
$
11,950
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