Continued Strong EBITDAR Margins

Modernizing Branded Fares Allows Air Canada to compete in more market segments Flexible Suite of Brands Enhanced Flexibility Latitude Comfort Customized Air Canada experience for every customer segment Flex Tango Ability to further drive margin with personalized offerings post-booking via web and mobile ULCC Onboard Bags At The Airport Flexibility FFP Enhanced Experience WiFi Preferred Seat Upgrade Credit Upgrade $ Meal Lounge Priority Check in Priority Boarding Roller Carry On Waived Baggage Fees OMW Standby SDC Cancel Admin Fee Anytime Change Frequent Flyer Points Enhanced branded fares allow Air Canada to cater to both corporate and budget customers 54

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