MONTREAL, Nov. 2 /CNW Telbec/ - Air Canada will hold a conference call
for analysts on Friday, November 9, 2007 to present 2007 third quarter
financial results. Air Canada President and Chief Executive Officer, Montie
Brewer, Executive Vice President and Chief Financial Officer, Michael
Rousseau, and Executive Vice President - Commercial, Ben Smith, will be
available for analysts' questions. Media may access this call on a listen-in
basis. Details are as follows:ANALYST CONFERENCE CALL / AUDIO WEBCAST

    Date:    Friday, November 9, 2007

    Time:    9:30 a.m. ET

    Dial-in: Call 1-888-575-8232 toll free or (416) 406-6419 for the Toronto
             area. Please allow 10 minutes to be connected to the conference
             call.

    Webcast: http://events.startcast.com/events/launch.asp?EventID=76CBEB11-43F1-48BA-ADCC-E71F8199127D
             Note: This is a listen-only audio webcast. Media Player or Real Player is
             required to listen to the broadcast; please download well in
             advance of call.

    Replay:  Instant replay will be available beginning approximately one
             hour after the call at 416-695-5800 or 1-800-408-3053 toll free
             and enter pass code 3241031#, until midnight ET
             Friday, November 16, 2007.

    Note:    A slide presentation will be available at approximately
             08:00, Friday, November 9, 2007 for viewing at
             http://www.aircanada.com/en/investors/quarterly.html. This
             presentation is not intended for simultaneous viewing with the
             conference call.Third quarter 2007 results will be released prior to the opening of
markets and the conference call on Friday, November 9, 2007.