TRANSFORMING INTO A GLOBAL CHAMPION

BENEFITS OF AIR CANADA ROUGE rouge ■ Air Canada Rouge is enhancing margins in existing leisure markets and pursuing new opportunities in international leisure markets made viable by its competitive cost structure ■ Air Canada Rouge fleet (comprised of Airbus A319s, A321s and B767s) is estimated to generate 25% lower CASM when compared to the same aircraft in the mainline fleet ■ Air Canada Rouge leverages the strengths of Air Canada including - Its extensive network - Its enhanced connection options - Its operational expertise - Its frequent flyer program 14

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