2023 Consolidated Financial Statements and Notes
AIR CANADA
2023 Consolidated Financial Statements and Notes
20. RELATED PARTY TRANSACTIONS
Compensation of Key Management
Key management includes Air Canada's Board of Directors and its Executive Officers (President and Chief Executive
Officer, Executive Vice President and Chief Financial Officer, Executive Vice President and Chief Operations Officer,
Executive Vice President Marketing and Digital, Executive Vice President, Revenue and Network Planning, Executive
Vice President - Chief Human Resources Officer and Public Affairs, and Executive Vice President - Chief Legal Officer
and Corporate Secretary). Amounts reported are based upon the expense as reported in the consolidated financial
statements, which in the case of Pension and post-employment benefits, includes actuarial gains or losses, as
applicable. Compensation to key management is summarized as follows:
(Canadian dollars in millions)
Salaries and other benefits
Pension and post-employment benefits
Share-based compensation
2023
2022
$
9
$
8
5
(3)
17
15
$
31
$
20
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