Investor Presentaiton
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(iv)
(v)
(vi)
(vii)
(viii)
(ix)
(x)
the Jazz CPA, described under "Relationships and Related Party Transactions Between Air
Canada and Jazz, Aeroplan and ACTS — Relationship Between Air Canada and Jazz Capacity
Purchase Agreement with Jazz";
the Jazz MSA, described under "Relationships and Related Party Transactions Between Air
Canada and Jazz, Aeroplan and ACTS Relationship Between Air Canada and Jazz Jazz
MSA";
the ACTS GSAs, described under "Relationships and Related Party Transactions Between Air
Canada and Jazz, Aeroplan and ACTS - Relationship between Air Canada and ACTS - General
Services Agreements";
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the ACTS MSA, described under "Relationships and Related Party Transactions Between Air
Canada and Jazz, Aeroplan and ACTS - Relationship between Air Canada and ACTS - ACTS
MSA";
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the Amended and Restated Credit Agreement, described under "Overview of the Business
Financing";
Debt
the underwriting agreement dated November 16, 2006 among ACE, Air Canada and RBC
Dominion Securities Inc., Citigroup Global Markets Canada Inc., TD Securities Inc., BMO
Nesbitt Burns Inc., CIBC World Markets Inc., Canaccord Capital Corporation, Research Capital
Corporation, Salman Partners Inc., Versant Partners Inc. and Westwind Partners Inc. entered into
in connection with the Initial Public Offering of Air Canada; and
the Aircraft General Terms Agreement AGTA-ACN and related agreements between The Boeing
Company and Air Canada dated November 4, 2005, described under "Overview of the Business
- Aircraft Fleet - Widebody Aircraft Fleet - Boeing Orders and Financing Terms".
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EXPERTS
The Corporation's auditors are PricewaterhouseCoopers LLP, Chartered Accountants, who have prepared
an independent auditor's report dated February 13, 2007 in respect of the Corporation's consolidated financial
statements with accompanying notes as at and for the years ended December 31, 2006 and December 31, 2005.
PricewaterhouseCoopers LLP has advised that they are independent with respect to the Corporation within the
meaning of the Code of Ethics of the Ordre des comptables agréés du Québec.
ADDITIONAL INFORMATION
Additional information, including directors' and officers' remuneration and indebtedness, principal holders
of the Air Canada's securities and securities authorized for issuance under equity compensation plans are contained
in Air Canada's management proxy circular for its 2007 annual and special meeting of shareholders. Additional
financial information is provided in Air Canada's financial statements and management's discussion and analysis for
the year ended December 31, 2006. The above information and additional information relating to Air Canada are
available on SEDAR at www.sedar.com.
The following documents can be obtained by sending your request to the Corporate Secretary of Air
Canada, at 5100 de Maisonneuve Boulevard West, Montreal, Québec, H4A 3T2:
(i)
(ii)
this Initial Annual Information Form, together with any document incorporated herein by
reference;
the Combined Consolidated Financial Statements of Air Canada as at and for the year ended
December 31, 2006, including the auditor's report and notes related thereto, the Management's
Discussion and Analysis of results of Operations and Financial Conditions of Air Canada for the
year ended December 31, 2006 and any interim financial statements filed after the audited
financial statements for Air Canada's most recently completed financial year; andView entire presentation