Air Canada reports September traffic

    MONTREAL, Oct. 3 /CNW Telbec/ - Air Canada reported a consolidated load
factor of 78.7 per cent in September 2007.
    The mainline carrier flew 3.0 per cent more revenue passenger miles
(RPMs) in September 2007 than in September 2006, according to preliminary
traffic figures. Capacity increased by 3.7 per cent, resulting in a load
factor of 79.1 per cent, compared to 79.6 per cent in September 2006; a
decrease of 0.5 percentage points.
    Jazz, from which Air Canada purchases regional capacity, flew 6.3 per
cent more RPMs in September 2007 than in September 2006, according to
preliminary traffic figures. Capacity increased by 3.6 per cent, resulting in
a load factor of 73.5 per cent, compared to 71.6 per cent in September 2006;
an increase of 1.9 percentage points.
    Year over year, system traffic on a consolidated basis for Air Canada and
Jazz rose 3.3 per cent on a capacity increase of 3.7 per cent. This resulted
in a load factor of 78.7 per cent versus 78.9 per cent in September 2006.
    "In September, Air Canada and Jazz together reported continued growth in
traffic, resulting in a combined load factor of 78.7 per cent," said Montie
Brewer, President and Chief Executive Officer. "These solid results year over
year underscore effective capacity management as we continue to grow and renew
our fleet with new Boeing 777 and Embraer aircraft. I am particularly proud of
our employees who met targets for both On-time Performance and Customer
Satisfaction during this busy travel month as their hard work continues to
earn the loyalty of our customers."

    NOTE: Beginning in May 2007, Air Canada has adjusted the way it reports
its monthly traffic results. Tier 3 flying is now included in mainline results
along with Jetz. Charter flying is apportioned among the respective market
segments. The September 2006 and year-to-date traffic numbers have been
adjusted to reflect these changes for year-over-year comparisons.

    This disclosure may include forward-looking statements within the meaning
of applicable securities laws. Forward-looking statements are based on
assumptions, are subject to important risks and uncertainties and cannot be
relied upon due to, amongst other things, changing external factors and
general uncertainties of the business. Results indicated in forward-looking
statements may differ materially from actual results due to a number of
factors, including without limitation, energy prices, general industry, market
and economic conditions, war, terrorist acts, labour or pension issues,
changes in laws and regulations, litigation and actions by third parties as
well as the factors identified in Air Canada's public disclosure file
accessible through SEDAR at www.sedar.com. Air Canada disclaims any intention
or obligation to update or revise any forward-looking statements whether as a
result of new information, future events or otherwise, except as required
under applicable securities regulations.-------------------------------------------------------------------------
                             AIR CANADA MAINLINE
                           (Includes Jetz & Tier 3)
    -------------------------------------------------------------------------
                             SEPTEMBER                  YEAR-TO-DATE
                      -------------------------------------------------------
                        2007    2006  Change        2007    2006  Change
    -------------------------------------------------------------------------
    Traffic
     (RPMs millions)   4,125   4,003    +3.0%     35,944  34,997    +2.7%
    -------------------------------------------------------------------------
    Capacity
     (ASMs millions)   5,212   5,027    +3.7%     43,759  42,815    +2.2%
    -------------------------------------------------------------------------
    Load Factor         79.1%   79.6%   -0.5 pts    82.1%   81.7%   +0.4 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
              RPMs     1,153   1,127    +2.3%     10,125   9,714    +4.2%
              ---------------------------------------------------------------
    Canada    ASMs     1,471   1,412    +4.2%     12,365  12,112    +2.1%
              ---------------------------------------------------------------
              Load
               Factor   78.4%   79.8%   -1.4 pts    81.9%   80.2%   +1.7 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
              RPMs       568     555    +2.3%      5,782   5,760    +0.4%
    U.S.      ---------------------------------------------------------------
     Trans-   ASMs       763     732    +4.2%      7,299   7,238    +0.8%
     border   ---------------------------------------------------------------
              Load
               Factor   74.4%   75.8%   -1.4 pts    79.2%   79.6%   -0.4 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
              RPMs     1,302   1,259    +3.4%      9,850   9,581    +2.8%
              ---------------------------------------------------------------
    Atlantic  ASMs     1,575   1,496    +5.3%     11,665  11,288    +3.3%
              ---------------------------------------------------------------
              Load
               Factor   82.7%   84.2%   -1.5 pts    84.4%   84.9%   -0.5 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
              RPMs       797     796    +0.1%      6,727   6,630    +1.5%
             ----------------------------------------------------------------
    Pacific   ASMs     1,012   1,029    -1.7%      8,057   7,986    +0.9%
             ----------------------------------------------------------------
              Load
               Factor   78.8%   77.4%   +1.4 pts    83.5%   83.0%   +0.5 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
              RPMs       305     266   +14.7%      3,460   3,312    +4.5%
    Latin     ---------------------------------------------------------------
     America  ASMs       391     358    +9.2%      4,373   4,191    +4.3%
     & Other  -------------------------------------------------------------
              Load
               Factor   78.0%   74.3%   +3.7 pts    79.1%   79.0%   +0.1 pts
    -------------------------------------------------------------------------


    -------------------------------------------------------------------------
                   AIR CANADA'S REGIONAL CAPACITY PROVIDER
                                   (JAZZ)
    -------------------------------------------------------------------------
                             SEPTEMBER                  YEAR-TO-DATE
                      -------------------------------------------------------
                        2007    2006  Change        2007    2006  Change
    -------------------------------------------------------------------------
    Traffic
     (RPMs millions)     357     336    +6.3%      3,239   2,836   +14.2%
    -------------------------------------------------------------------------
    Capacity
     (ASMs millions)     486     469    +3.6%      4,340   3,925   +10.6%
    -------------------------------------------------------------------------
    Load Factor         73.5%   71.6%   +1.9 pts    74.6%   72.3%   +2.3 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
              RPMs       271     254    +6.7%      2,432   2,116   +14.9%
              ---------------------------------------------------------------
    Canada    ASMs       356     339    +5.0%      3,162   2,851   +10.9%
              ---------------------------------------------------------------
              Load
               Factor   76.1%   74.9%   +1.2 pts    76.9%   74.2%   +2.7 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
              RPMs        86      82    +4.9%        807     720   +12.1%
    U.S.      --------------------------------------------------------------
     Trans-   ASMs       130     130     0.0%      1,178   1,074    +9.7%
     border   --------------------------------------------------------------
              Load
               Factor   66.2%   63.1%   +3.1 pts    68.5%   67.0%   +1.5 pts
    -------------------------------------------------------------------------


    -------------------------------------------------------------------------
                                   COMBINED
                       (AIR CANADA MAINLINE AND JAZZ)
    -------------------------------------------------------------------------
                             SEPTEMBER                  YEAR-TO-DATE
                      -------------------------------------------------------
                        2007    2006  Change        2007    2006  Change
    -------------------------------------------------------------------------
    Traffic
     (RPMs millions)   4,482   4,339    +3.3%     39,183  37,833    +3.6%
    -------------------------------------------------------------------------
    Capacity
     (ASMs millions)   5,698   5,496    +3.7%     48,099  46,740    +2.9%
    -------------------------------------------------------------------------
    Load Factor         78.7%   78.9%   -0.2 pts    81.5%   80.9%   +0.6 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
              RPMs     1,424   1,381    +3.1%     12,557  11,830    +6.1%
              ---------------------------------------------------------------
    Canada    ASMs     1,827   1,751    +4.3%     15,527  14,963    +3.8%
              ---------------------------------------------------------------
              Load
               Factor   77.9%   78.9%   -1.0 pts    80.9%   79.1%   +1.8 pts
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
              RPMs       654     637    +2.7%      6,589   6,480    +1.7%
    U.S.      ---------------------------------------------------------------
     Trans-   ASMs       893     862    +3.6%      8,477   8,312    +2.0%
     border   ---------------------------------------------------------------
              Load
               Factor   73.2%   73.9%   -0.7 pts    77.7%   78.0%   -0.3 pts
    -------------------------------------------------------------------------
    -----------------------------------------------------------------------
              RPMs     2,404   2,321   +3.6%      20,037  19,523    +2.6%
    Interna-  ---------------------------------------------------------------
     tional   ASMs     2,978   2,883   +3.3%      24,095  23,465    +2.7%
              ---------------------------------------------------------------
              Load
               Factor   80.7%   80.5%   +0.2 pts    83.2%   83.2%    0.0 pts
    -------------------------------------------------------------------------%SEDAR: 00024384EF



For further information:
For further information: Isabelle Arthur (Montréal), (514) 422-5788;
Peter Fitzpatrick (Toronto), (416) 263-5576; Angela Mah (Vancouver), (604)
270-5741; aircanada.com