MONTREAL, Aug. 3 /CNW Telbec/ - Air Canada will hold a conference call
for analysts on Friday, August 10, 2007 to present 2007 second quarter
financial results. Air Canada President and Chief Executive Officer, Montie
Brewer, Executive Vice President and Chief Financial Officer, Joshua Koshy,
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, August 10, 2007

    Time:     9:30 a.m. ET

    Dial-in:  Call 1-866-696-5895 toll free or (416) 641-6105 for the Toronto
              area. Please allow 10 minutes to be connected to the conference
              call.

    Webcast:  http://events.startcast.com/events/launch.asp?EventID
              =60BAB9AE-AC81-493C-BC0C-99509C2504F7. 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 3230536#, until
              midnight ET Friday, August 17, 2007.

    Note:     A slide presentation will be available at approximately 08:00,
              Friday, August 10, 2007 for viewing at
              http://www.aircanada.com/en/investors/quarterly.html. This
              presentation is not intended for simultaneous viewing with the
              conference call.Second quarter 2007 results will be released prior to the opening of
markets and the conference call on Friday, August 10, 2007.