Investor Presentaiton
- 4-
Intercorporate Relationship
The following chart illustrates, on a simplified basis, the structure of Air Canada (including jurisdiction of
establishment/incorporation of the various entities).
100%
Public
100%
1209265 Alberta Ltd.(3)
(Alberta)
4218779 Canada Inc.
(Canada)
(formerly Destina
eCommerce Group
General Partner Inc.)
100%
NetTel Assistance Inc.
(Canada)
25%
100%
ACE Aviation Holdings Inc.
(Canada)
75% (1)
Air Canada(2)
(Canada)
100%
51%
49%
AC Cargo Limited
Partnership
(Québec)(4)
ACGHS Limited
Partnership
(Québec)(4)
Touram
Limited
Partnership
(Québec)(5)
100%
ACGHS US Inc.
(Delaware)
(1)
(2)
(3)
(4)
(5)
ACE holds a direct 68.4% interest in Air Canada and an indirect 6.6% interest in Air Canada through a wholly-owned subsidiary, 4352891
Canada Inc., a corporation incorporated under the laws of Canada.
Air Canada directly and indirectly holds all of the issued and outstanding shares of certain subsidiaries, including Air Canada Capital Ltd.
and Simco Leasing Ltd., which are incorporated under the laws of the Province of Alberta.
1209265 Alberta Ltd. holds and manages excess cash and investments of Air Canada on its behalf.
AC Cargo General Partner Inc. and ACGHS General Partner Inc., corporations incorporated under the laws of Canada, are the general
partners of AC Cargo Limited Partnership and ACGHS Limited Partnership and hold a 0.00001% interest in AC Cargo Limited
Partnership and ACGHS Limited Partnership, respectively. Air Canada holds a 100% interest in each of AC Cargo General Partner Inc.
and ACGHS General Partner Inc.
Touram General Partner Inc., a corporation incorporated under the laws of Canada, is the general partner of, and holds a 0.00001% interest
in Touram Limited Partnership. Air Canada and ACE hold, respectively, a 51% and 49% interest in Touram General Partner Inc.
Certain subsidiaries, each of which represents not more than 10% of the consolidated assets and not more than
10% of the consolidated sales and operating revenues of the Corporation, and all of which, in the aggregate, represent
not more than 20% of the total consolidated assets and the total consolidated sales and operating revenues of the
Corporation at December 31, 2006, have been omitted.View entire presentation