TRANSFORMING INTO A GLOBAL CHAMPION
BUSINESS PLAN ON TARGET
Record EBITDAR(1) of $1,248M and record operating income of
$896M in Q3 2016, and on a 12-month trailing basis to
September 30, 2016, EBITDAR(1) margin was 19.0% and ROIC(1)
was 15.5%
Fleet initiatives and capital programs on target
21 B787s in operating fleet
-
-
B787s meeting financial and operational expectations
Delivering a permanently lower cost structure
on track to realizing CASM savings of 21% (excluding impact of FX and fuel
prices) by the end of 2018 when compared to 2012 baseline
Enterprise and financial risk reduced
Route diversification
Balance sheet leverage
Fleet flexibility
As reported on November 7, 2016
Pension
- Long-term labour contracts
Business
Plan
(1) These measures are non-GAAP financial measures used by Air Canada in an effort to provide additional information on Air Canada's financial and operating performance.
Such measures however are not recognized measures for financial statement presentation under GAAP, do not have standardized meanings, may not be comparable to
similar measures presented by other entities and should not be considered a substitute for or superior to GAAP results. Reconciliations of these measures to comparable
GAAP measures for the relevant periods can be found in Air Canada's MD&A reports, available at aircanada.com.
4View entire presentation