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Investor Presentaiton

- 54 - Unless otherwise indicated below, each of the officers has held a position with Air Canada similar to that listed above for more than five years. Mr. Brewer was Executive Vice President, Commercial, Air Canada from 2002 to 2004. Mr. Reid was Senior Vice President, Operations, Air Canada from 2004 to 2005, President and Chief Executive Officer, ACTS from 2003 to 2004 and Vice President, Systems Operation Control, from 2000 to 2003. Sean Menke was Senior Vice President and Chief Operating Officer at Frontier Airlines from 1999 to 2005. Joshua Koshy was Senior Vice President, Information Technology with the Emirates Group from 2003 to 2005 and Senior Vice President, Finance with the Emirates Group from 1995 to 2003. Alan Butterfield was Vice President, Line and Airframe Maintenance at United Airlines from 2004 to 2007. Yves Dufresne was Senior Director, Bilaterals and International Regulatory Affairs, Air Canada from 1999 to 2004. Carolyn Hadrovic was Deputy Secretary of ACE before being appointed Corporate Secretary in December 2005 and previously, Senior Counsel, Regulatory and International Law, with Air Canada. Chris Isford was Manager, Financial Reporting, Air Canada from 2001 to 2004, Director, Financial Reporting, Air Canada from 2004 to 2005 and Senior Director, Financial Reporting, Air Canada from 2005 and 2006. Charles D. McKee, Jr. was Senior Director, Strategic Marketing, Air Canada prior to his appointment as Vice President, Marketing, Air Canada in August 2006. Scott Morey was Director, Labour and Employee Relations, Coca Cola Bottling Company from 2004 to 2007. David Shapiro was Assistant General Counsel, Air Canada from 2000 to 2004. Daniel Shurz was General Manager, Bus Operations, Archer Garage for the Chicago Transit Authority from 2003 to 2005, Director, Business Development Airports, Air Canada, from 2005 to 2006 and Senior Director, Airports, Air Canada in 2006. Susan Welscheid was Vice President, In-Flight Services, Air Canada from 2004 to 2007 and Vice President, People, Air Canada from 1999 to 2004. Chantal Baril was General Manager, Customer Service-Airports, Air Canada from 2003 to 2005. Benjamin Smith was Vice President, Network Planning, Air Canada before being appointed President and Chief Executive Officer, Air Canada Vacations in January 2006 on an interim basis and in September 2006 on a permanent basis. As at March 16, 2007, the directors and officers mentioned above as a group owned, directly or indirectly, or had control or direction over 66,700 Voting Shares representing approximately 0.08% of the outstanding Voting Shares and 9,300 Variable Voting Shares representing approximately 0.05% of the outstanding Variable Voting Shares. Corporate Cease Trade Orders or Bankruptcies To the knowledge of Air Canada, in the last ten years, no director or executive officer of Air Canada is or has been a director or executive officer of any company that, while that person was acting in that capacity, (a) was the subject of a cease trade order or similar order, or an order that denied the relevant company access to any exemptions under securities legislation, for a period of more than 30 consecutive days, (b) was the subject of an event that resulted, after that person ceased to be a director or executive officer, in the company being the subject of a cease trade order or similar order or an order that denied the relevant company access to an exemption under securities legislation, for a period of more than 30 consecutive days or (c) or within a year of that person ceasing to act in that capacity, became bankrupt, made a proposal under any legislation relating to bankruptcy or insolvency or was subject to or instituted any proceedings, arrangement or compromise with creditors or had a receiver, receiver manager or trustee appointed to hold its assets except for the following: (i) (ii) (iii) (iv) Montie R. Brewer was Senior Vice President, Planning for United Airlines until March 31, 2002. UAL Corp., the parent company of United Airlines, filed for protection under Chapter 11 of the US Bankruptcy Code on December 9, 2002. Montie R. Brewer was an executive officer of Air Canada when it filed for protection under the CCAA on April 1, 2003. Pierre Marc Johnson was a director of Air Canada when it filed for protection under the CCAA on April 1, 2003; John T. McLennan was the Chief Executive Officer of AT&T Canada when it filed for protection under the CCAA on October 15, 2002; Following the acquisition of Canadian Airlines International Ltd. ("CAIL") by Air Canada in 2000, Robert A. Milton became a director of CAIL. Thereafter, CAIL restructured under the CCAA pursuant to a plan of compromise which became effective on July 5, 2000. CAIL's common shares and non-voting shares were suspended from trading by the TSX on June 27, 2000 and delisted on July 6, 2000. Robert A. Milton was President and Chief Executive Officer and a director of Air Canada when it filed for protection under the CCAA on April 1, 2003;
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